Amazon have announced a deal to buy online streaming service Twitch.
The deal – which has yet to pass government approval – is for $970 million in cash, and comes after plenty of speculation that Google would make a move to purchase Twitch, which is only three years old.
Amazon boss Jeff Bezos has spoken about the deal;
“Broadcasting and watching gameplay is a global phenomenon and Twitch has built a platform that brings together tens of millions of people who watch billions of minutes of games each month – from The International, to breaking the world record for Mario, to gaming conferences like E3. And, amazingly, Twitch is only three years old.”
Twitch CEO also commented;
“We chose Amazon because they believe in our community, they share our values and long-term vision, and they want to help us get there faster. We’re keeping most everything the same: our office, our employees, our brand, and most importantly our independence. But with Amazon’s support we’ll have the resources to bring you an even better Twitch.”