Zaphid
Trakanon Raider
- 5,862
- 294
YouTube to Acquire Videogame-Streaming Service Twitch for $1 Billion: Sources | Variety
I'd actually like it if the regulators stopped this deal, because the portfolio of Google's internet services is getting pretty ridiculous at this point, but man can dream...
While it seems like Google has finally figured out the fact that nobody likes getting DP'd by Google+, content claims and ID's can now ruin your internet experience even more !Google?s YouTube has reached a deal to buy Twitch, a popular videogame-streaming company, for more than $1 billion, according to sources familiar with the pact.
The deal, in an all-cash offer, is expected to be announced imminently, sources said. If completed the acquisition would be the most significant in the history of YouTube, which Google acquired in 2006 for $1.65 billion. The impending acquisition comes after longtime Google ad exec Susan Wojcicki was named CEO of YouTube earlier this year.
Reps for YouTube and Twitch declined to comment.
San Francisco-based Twitch lets users upload and watch free, live gameplay videos that can be streamed from Microsoft Xbox and PlayStation 4 consoles. The company claims to have more than 45 million monthly users, with more than 1 million members who upload videos each month. It also has deals to distribute shows from partners including CBS Interactive?s GameSpot, Joystiq and Destructoid.
I'd actually like it if the regulators stopped this deal, because the portfolio of Google's internet services is getting pretty ridiculous at this point, but man can dream...