Confirmed? Google Buying Twitch for $1 Billion


Google buys Twitch

Since May there have been rumors floating about that Google were gearing up to buy Twitch in a $1 billion dollar deal but no official statement was ever made by either side. It now looks like that deal may have moved ahead according to a story from VentureBeat anyway, although we still seem to be waiting on an official confirmation from Google or Twitch.

YouTube, which was bought by Google in 2006 for just over $1.6 billion is in charge of the acquisition which means we can more than likely expect the two platforms to be integrated in the near future. Does that mean we should expect mandatory sign-in with Google+ account for using Twitch chat? Let’s hope not.

Twitch was probably the only real live-streaming competitor to YouTube out there so if true this means Google have this industry wrapped up tight now.

Twitch was founded in San Fransisco in 2011 by Justin Kan and Emmett Shear the cofounders of Justin.tv. It has grown from 3.2 million active monthly users back then to over 50 million today. The platform enables gamers to braodcast live-streams of themselves playing video games for PC,, PS4 and Xbox One.

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David

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