Gabe Newell says Valve will release its own 'tightly controlled' console for the living room

Valve has stayed mostly quiet about its plans to enter the hardware business, but in an interview with Kotaku at last night's Video Game Awards, Gabe Newell confirmed the company's plans to sell its own living room PC that could compete with next-generation consoles from Sony and Microsoft. The biggest revelation is that Valve seems set to release its own complete hardware and software solution. When we first reported that the company was working on a "Steam Box" back in March, it appeared that ...