Google Buys Twitch for $1 Billion

July 25, 2014 8

It appears that Google has finalized the deal to buy Twitch. While there's been talk about the acquisition for some time, now VentureBeat's sources confirm that the two companies have signed the deal, with Google paying $1 billion for the livestreaming website.

Currently, neither Twitch or Google have commented on the matter, but Twitch's investors are reportedly very happy with the deal.

According to VentureBeat, Twitch will become a part of Google's YouTube division, adding its strong gaming community to the already huge YouTube gaming section. The $1 billion price tag clearly confirms the worth and importance of game streaming these days, both as an entertainment medium and as a marketing business.

Via VentureBeat.

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Egert Kasemaa
Egert Kasemaa | Monday, July 28, 2014 12:29 PM
Was nice knowing you twitch.
R.I.P Twitch
June 2011 - July 2014
TGebruiker | Sunday, July 27, 2014 2:01 AM
oh comon guys, youtube has a huge gaming crowd, and which more features added both too twitch and youtube this will all work out just fine... your google account is the same as your youtube which i image everyone has..
TheCyberNerder | Saturday, July 26, 2014 5:41 PM
Get ready everyone to have to sign in with Google plus and for them to redo the page every month
Matyno | Saturday, July 26, 2014 4:04 PM
Screw google, they're probably gonna ruin twitch now!
Orujov Vugar
Orujov Vugar | Saturday, July 26, 2014 3:17 PM
GoogleAds coming soon on twitch
Marko NotPolo
Marko NotPolo | Saturday, July 26, 2014 3:15 PM
Ap | Saturday, July 26, 2014 3:15 PM
Darn! I hope they won't be making any changes.
Alden Franklin
Alden Franklin | Saturday, July 26, 2014 3:09 PM
Whuuu? NOOOO! Now I'm gonna have to use s stupid google account for it