Unnamed sources have confirmed that Google has finalized a deal with the live game-streaming service Twitch for $1 billion. The deal has been rumoured since May. Google’s YouTube division is handling the acquisition.
Earlier this year it was reported that Google’s YouTube division had offered Twitch a billion dollars in an all cash deal. The sources have claimed that now after months of shuffling around and behind door talks, investors of Twitch are pleased that they will be getting significant returns on their original investments. The contents of the deal are still under wraps but it is seen as a major move from Google’s video streaming arm.
Twitch.tv which started back in 2011 has seen some major success being the only known site for video game live-streaming and has added many fans and subscribers in its fold. The site has more than 1 million unique users broadcasting on its platform every month. The site has marked its recognition with built in functionality of game streaming via Twitch to consoles like the Xbox one and Playstation 4. Recently organized Dota 2 e-sports event The International was streamed live and was watched by more than 6 million people. Twitch is available on the Android and iOS platforms as well.
Other Popular Deals
- E3 2015 Preview: 10 games worth looking forward toBest free racing games on Android (December 2017)
- Computex 2015: New gaming gear from Roccat and Corsair13 new mobile games you should check out
- Building a gaming PC tower under Rs. 50,000 with Intel...Bethesda E3 2015: Fallout 4, DOOM, Dishonored 2 and more
- The 15 best new games on Android (November 2015)10 great new PC games that you may not have heard of
- Building a gaming PC under Rs. 70,000 (November 2016)15 upcoming games that are worth the wait
- 15 awesome new games for Android (April 2015)Boom! Headshot! The 15 best video game guns
- 11 best Android games based on moviesThe 12 best free games for your PC
- The 15 best multiplayer games on AndroidThe 10 most memorable villains in gaming