Google's $1 billion Twitch acquisition tipped by new sources

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A new report claims that Google is to purchase video game streaming service Twitch as part of a $1 billion deal.

GameBeat cites "sources familiar with the matter" as claiming the deal has been agreed upon and is to be headed up by Google's YouTube division.

This backs up a previous report in May which, also citing anonymous sources, suggested that the Google subsidiary will purchase Twitch in an "all-cash" deal and that the announcement is expected to be made imminently.

Both YouTube and Twitch have declined to comment on the reports.

Twitch is popular video streaming platform that allows players to broadcast themselves and their gameplay over the internet. The company has seen massive success over the past few years, with Sony and Microsoft opting to integrate Twitch streaming and viewing functionality natively into the PlayStation 4 and Xbox One.

In its first week of streaming the Xbox One Twitch app hosted over 108,000 unique broadcasters, accounted for 22 per cent of the game streaming service's total broadcaster base. In December 2013, following the PlayStation 4's launch, 20 per cent of all Twitch streamers were broadcasting from PS4 systems.

In May 2013, Twitch reported its unique monthly viewership was over 34 million users. In addition to platform holders, the company has entered into partnerships with a number of the industry's biggest publishers including Ubisoft, EA, Activision and Sony Online Entertainment.



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Source: http://www.computerandvideogames.com/472332/googles-1-billion-twitch-acquisition-tipped-by-new-sources/

Comments

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varPosted:

Dusknoir
Vits
Inq
VIT $1 billion is a lot, even for Google's pocket money.


Naaaaah thats like buying a lollipop for google


kinda true, but kinda not, google has a huge budget but still 1B is big.


Yeah that's what I was gunna say. You can be a rich as you want but 1B is a lot of money still.

I can't see a billion being that big of a impact for Google at all. You can only guess how much the company has for spending, considering the original creator has well over $14 Billion himself. And I may be short changing his wallet a lot.

DusknoirPosted:

Vits
Inq
VIT $1 billion is a lot, even for Google's pocket money.


Naaaaah thats like buying a lollipop for google


kinda true, but kinda not, google has a huge budget but still 1B is big.


Yeah that's what I was gunna say. You can be a rich as you want but 1B is a lot of money still.

TravitorPosted:

Inq
VIT $1 billion is a lot, even for Google's pocket money.


Naaaaah thats like buying a lollipop for google


kinda true, but kinda not, google has a huge budget but still 1B is big.

1989Posted:

slapshot101 I personally if I was in charge of Twitch, I wouldn't sell it. It is making them tons of money and it is constantly expanding and growing hundreds of users daily. I know this is a lot of money but you really don't want to sell out like so many other companies did, just think what the people who sold YouTube to Google years back, how they must be feeling now, even though they got a ton of money from it, I think they could have got more money if they kept it.


I defo wouldve sold look at all that money

1989Posted:

VIT $1 billion is a lot, even for Google's pocket money.


Naaaaah thats like buying a lollipop for google

ZipsPosted:

1 Billion is nothing to google :s

TravitorPosted:

$1 billion is a lot, even for Google's pocket money.

DusknoirPosted:

I would have sold thats a lot of money.

KatsumiPosted:

Ortho
slapshot101 I personally if I was in charge of Twitch, I wouldn't sell it. It is making them tons of money and it is constantly expanding and growing hundreds of users daily. I know this is a lot of money but you really don't want to sell out like so many other companies did, just think what the people who sold YouTube to Google years back, how they must be feeling now, even though they got a ton of money from it, I think they could have got more money if they kept it.


For all that money cash? yes you would dude


I definitely would of sold.

slapshot101Posted:

I personally if I was in charge of Twitch, I wouldn't sell it. It is making them tons of money and it is constantly expanding and growing hundreds of users daily. I know this is a lot of money but you really don't want to sell out like so many other companies did, just think what the people who sold YouTube to Google years back, how they must be feeling now, even though they got a ton of money from it, I think they could have got more money if they kept it.


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