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Report: Google To Acquire Twitch.TV For More Than $1 Billion

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    Report: Google to acquire Twitch.tv for more than $1 billion | Ars Technica (click for full article)

    by Ron Amadeo - May, 18, 2014

    -- With Apple buying Beats and AT&T buying DirecTV, this seems to be the month of the blockbuster acquisition deal. And it looks like Google wants in on the action too—according to a report from Variety, the company is going to buy video game streaming site Twitch.tv for over $1 billion.


    Google's YouTube division is heading up the acquisition, and that makes sense. Twitch is best thought of as a live streaming, gaming-focused version of YouTube. The streamer loads up his or her favorite game, and the audience watches and participates via an integrated chat room. Twitch recently made headlines as the host of Twitch Plays Pokémon, a social experiment where over 100,000 people simultaneously played a single instance of Pokémon. And the site is so popular that direct streaming has even been integrated into the PS4 and Xbox One.


    See more at: Report: Google to acquire Twitch.tv for more than $1 billion | Ars Technica
     

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