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Valve Corporation

Valve Corporation
Formerly called
Valve L.L.C. (1996–2003)
Private
Industry
Founded
Founders
Headquarters Bellevue, Washington, United States
Number of locations
2 offices
Area served
Worldwide
Key people
Products
Total equity US$2.5 billion (2012)
Number of employees
~360 (2016)
Subsidiaries Valve S.a.r.l.
Valve GmbH
Website www.valvesoftware.com

Valve Corporation (commonly referred to as Valve) is an American video game developer and digital distribution company headquartered in Bellevue, Washington. The company is known for the Half-Life, Counter-Strike, Portal, Day of Defeat, Team Fortress, and Left 4 Dead series, Dota 2, and its software distribution platform Steam.

Valve was founded in 1996 as a limited liability company by former Microsoft employees Gabe Newell and Mike Harrington. Their debut product, the PC first-person shooter Half-Life, was released in 1998 to critical acclaim and commercial success, after which Harrington left the company. In 2004, Valve launched Steam alongside the critically acclaimed Half-Life 2. By 2011, Steam controlled over half of the digital PC game market and Valve was the most profitable company per employee in the United States. In 2015, Valve entered the game hardware market with the Steam Machine, a line of prebuilt gaming computers running SteamOS, a Valve-developed fork of the Debian operating system.


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