Valve president and co-founder Gabe Newell is joining the Academy of Interactive Arts & Sciences' Hall of Fame next year. The AIAS credits his role in founding and managing Valve, his involvement with the Source engine, Steam, and several highly-regarded Valve franchises like Half-Life, Counter Strike, Left 4 Dead, and Portal.

To mark the occasion, Newell will be giving the keynote address at the 2013 DICE Summit in Las Vegas. His spot in the Hall of Fame will join gaming luminaries such as Tim Sweeney (2012), the "BioWare doctors" Greg Zeschuk and Ray Muzyka (2011), and Mark Cerny (2010).

"Gabe is one of the most cherished and respected figures in the industry not only for his technological innovations in advancing many of today's highly successful video games, but also for his unique stance towards leadership and management," said AIAS president Martin Rae, in the announcement. "Gabe's vision for the interactive industry has created lasting effects that have completely reshaped this generation's digital distribution model, paving the way for independent developers and creating an invaluable service for consumers. It is a great honor to have Gabe inducted into the Academy's Hall of Fame."