Amazon acquires Twitch for $1 billion

E-commerce giant Amazon has aqcuired live game streaming website Twitch for $1 billion

In a letter addressed to the Twitch community on Monday, Twitch CEO Emmett Shear shared that the company has been acquired by Amazon. Emmet said, “We chose Amazon because they believe in our community, they share our values and long-term vision, and they want to help us get there faster.” It was earlier rumored and reported that Google’s YouTube division was in talks with Twitch investors for a $1 billion dollar deal.

Twitch is the largest live game streaming website by a large margin. Recently during the Dota 2 International, Twitch recorded 6 million users. The site has more than 1 million unique users broadcasting on its platform every month. Twitch is available on the Android and iOS platforms as well.

Source: Twitch Blog