Amazon to Buy Video Site Twitch for More Than $1 Billion
August 25, 2014
Amazon has apparently agreed to acquire Twitch, a live-streaming service for videogame players, for more than $1 billion.
The acquisition would help Amazon bolster its position in the fast-growing business of online gaming and give it technology to compete with video-streaming rivals Netflix and Google's YouTube.
Amazon to Buy Video Site Twitch for More Than $1 Billion Amazon Will Buy Twitch for More Than $1 Billion (Revere Digital) Amazon -- not Google -- reportedly buying Twitch for $1 billion (ars technica) It's a gamer thing: Amazon to buy Twitch (CNNMoney) Amazon to acquire Twitch for more than $1B (USAToday) Amazon To Buy Twitch For $1B-Plus (B&C) Why it makes sense for Amazon to buy Twitch (The Verge)