Valve Buys Up Turtle Rock Studios

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Valve Corporation today announced that it has acquired Turtle Rock Studios. The Orange County-based development studio is currently developing Left 4 Dead. Turtle Rock Studios has had a long history of working with Valve, including on the Xbox version of Counter-Strike, Counter-Strike: Condition Zero for PC and several maps for Counter-Strike: Source.

“We have been seeing very strong growth with Steam and Source, our content distribution and development platforms, up over 150% over the last 12 months,” said Gabe Newell, president of Valve. “Given our expectations for Left 4 Dead and our long-standing relationships with members of the Turtle Rock team, this was an easy decision. It also gives us a base from which to expand our development activities in the Los Angeles area.”

“Valve has had great success bringing in projects and teams such as Team Fortress and Portal. As I spent time working and talking with the creators of those products over the past several years, it became clear that this was the right next step for myself, my colleagues at Turtle Rock, our customers, and our products,” said Michael Booth, founder and CEO of Turtle Rock Studios. “We are excited to be a part of such a visionary and forward-thinking company.”

Written by David Radd from GameDaily
© 2008 GameDaily

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