
It has been reported that Twitch will be acquired by Google for $1 billion. VentureBeat has apparently confirmed with many sources that the deal between Google and Twitch has already been shook upon. There were rumors going around for the last few months about the game-live streaming firm being sought after by Google. According to VentureBeat,
Google has signed a deal to buy game-live streaming firmTwitch for $1 billion, confirmed sources familiar with the matter. 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. [...]
Google and Twitch declined comment. Both companies happen to be speaking at our GamesBeat 2014event in September. This deal was first cited by unnamed sources from Variety said back in May that Google had made an all-cash offer and that the deal could be announced soon.
Google and Twitch declined comment. Both companies happen to be speaking at our GamesBeat 2014event in September. This deal was first cited by unnamed sources from Variety said back in May that Google had made an all-cash offer and that the deal could be announced soon.
Neither Google or Twitch has yet to comment on this deal. However, both will be speaking at VenturBeat’s September event, GamesBeat.
Source: VentureBeat
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