Valve releasing streaming device called Steam Link

Valve will release a little box called Steam Link later this year that will extend the Steam experience to any room in the house, according to an announcement from the company.

Steam Link will work with PC, Steam Machines, Mac and Linux to stream content from Steam on your PC to the device, as long as they're on the same home network.

Steam Link will support 1080p resolution at 60Hz with low latency, Valve promises. The device will be available this November (at least in US) and will retail for $49.99 (this is also the same price as the Steam Controller, which is also due to launch during the month of November).

Valve claims Steam Link is "designed to take advantage of the PC horsepower you already have in your home, with In-Home Streaming."

Worldwide pricing will be announced closer to launch, Valve says.