Google Acquires Twitch for $1 Billion?

Google Acquires Twitch for $1 Billion?

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Google has reportedly signed a deal to acquire Twitch for $1 billion, reports VentureBeat.

We don’t know everything about this deal, such as when it will be announced and the exact purchase price. We do know that Twitch investors who participated in past rounds are pleased that they will be getting significant returns that are multiple times the amount they originally invested. The deal underscores the value of live Internet streaming and the rise of competitive gaming as a spectator sport — something that draws millions of viewers, can offer prize pools that surpass pro golf’s marquee events, and provides a multibillion dollar opportunity for advertisers.

Twitch lets gamers live stream their play. You can watch live broadcasts and chat with players via their app for iPhone and iPad.

Download Twitch from the App Store for free using the link below...

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Google Acquires Twitch for $1 Billion?Google Acquires Twitch for $1 Billion?Google Acquires Twitch for $1 Billion?

Google Acquires Twitch for $1 Billion?

Google Acquires Twitch for $1 Billion?
lulz - July 25, 2014 at 3:47pm
how is oculus vr acquired for 3.2 and twitch is only acq for 1 billion?
Run for Apple - July 25, 2014 at 3:48pm
Depending on how popular it is.
Daddy Warbucks - July 25, 2014 at 12:06pm
Ha ha ha, so funny how billions are just thrown around by these people. It's just nuts, so detached from real valuations and reason.
Run for Apple - July 25, 2014 at 3:49pm
For the smallest things, that matters.
King - July 25, 2014 at 4:51am
Imagine google buying a country and everything there is a google product. I think I should become a movie director.
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