PC Games King Seeks to Dethrone Sony, Microsoft Consoles
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Valve Corp., operator of the largest online store for downloading video games to PCs, is developing consoles that would use its more than 50 million customers to challenge Sony Corp. and Microsoft Corp.
The closely held company, maker of the “Half-Life” titles, captures 75 percent of the global market for digital PC games through its Steam store, researcher IHS Screen Digest estimates. Valve has developed a prototype console and is working with hardware partners to start selling models in 2014, according to a statement yesterday on its website.