

Newell also projected that digital sales of Valve's games would eventually exceed retail sales as Steam continued to grow.

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By the end of 2008, combined retail sales of the Half-Life series, Counter-Strike series and The Orange Box had surpassed 32 million units.

Valve released two subsequent episodes for Half-Life 2 and later packaged those games together with the puzzle game Portal and the multiplayer shooter Team Fortress 2 in a collection known as The Orange Box. The game sold over 10 million copies and was met with acclaim. In 2004, they released the highly anticipated sequel Half-Life 2 through their own digital distribution service Steam. Valve continued their trend of developing predominantly first-person video games in the 2000s with a number of critically successful releases. The company then proceeded to hire the creators of popular mods, such as Counter-Strike, which became the most popular multiplayer first-person shooter for the next decade. Alongside Half-Life 's launch, Valve released development tools to enable the player community to create content and mods. It received universal acclaim and sold over nine million retail copies. Valve's first game was Half-Life, a first-person shooter released in 1998. The company is based in Bellevue, Washington. Valve is an American video game developer and publisher founded in 1996 by Gabe Newell and Mike Harrington.
