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Google The New Owner Of Twitch.
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Google The New Owner Of Twitch.Posted:

NatusVincere
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Google has has reached a deal to buy Twitch, the video game livestreaming service, for $1 billion, VentureBeat reports.

Rumors about a possible deal began circulating back in May, when sources said Google offered an all-cash purchase. Today, unnamed sources confirmed the deal, which is reportedly being handled by Google's YouTube division Google purchased the video-sharing website back in 2006 for $1.65 billion, which further increased the size of the ever-growing empire.
The original rumors suggested the asking price would be more than $1 billion. But both Google and Twitch declined comment on the matter, so the exact amount of the purchase is unknown, and other specifics have yet to be announced by both companies.

Twitch enables users to broadcast live gameplay sessions on PC and next-gen consoles. The service has more than 50 million active users, a far cry from the 3.2 million using it when it launched in 2011. This deal will not only be YouTube's biggest acquisition to date, but will also further elevate the value of video game livestreaming in a variety of different areas; IGN is broadcasting live from San Diego Comic Con today.

Stay tuned to IGN for more information regarding the acquisition.

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The following 1 user thanked NatusVincere for this useful post:

kawaiilittleone (07-24-2014)
#2. Posted:
RGH-
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Oh man its like YouTube Google takes it over wow i guess Google is really trying to expand :/
#3. Posted:
kawaiilittleone
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RIP Twitch. You were a babe while you lasted </3
#4. Posted:
Coushy
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RIP Twitch. Hope they don't ruin it too much, one of my favorite websites. inb4 stuff like 'Sign in to your Google+ account and get the exclusive Kappa emote today!'
#5. Posted:
Automotive
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RIP twitch, hello YouTube gaming version
#6. Posted:
imgur
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YouTube streams blow, its going to be interesting to see what streamers do now. Stay or move to ustream or some other service.
#7. Posted:
Whisper
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So they finally did it, great. Get ready to link your twitch accounts with Google+.
#8. Posted:
Jessica_
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Hope they don't ruin it. I don't want it like YouTube. I want it to stay Twitch.
#9. Posted:
LG6
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The size and power of Google is getting out of hand.
#10. Posted:
Yoke
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Damn they bought Twitch now?! They wont stop until they own the whole interwebs!
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