Google Buys Twitch for $1 Billion

Youtube buys Twitch!

Google Buys Twitch for $1 Billion  

Google Buys Twitch for $1 Billion

 

It has now been confirmed that Google has bought the livestreaming firm Twitch for $1 Billion. At present we do not know much about this deal apart from the fact it has happened. It is expected that in the coming days and weeks we will learn the ins and outs of the deal as well as the exact purchase price.

Those that invested previously in Twitch are no doubt pleased, as they will be making several times what they originally invested in the firm.

At present both companies have declined to comment in the acquisition, but I expect them to make an official announcement soon.

 

Google Buys Twitch for $1 Billion  

Google’s YouTube division is reportedly in charge of this new purchase, which would represent a significant transformation in YouTube’s business. Many of you will remember when Google acquired YouTube in 2006 for $1.65 billion, and now they are buying potential competitors for similar amounts of money.

Google now owning both the largest internet video platform Youtube and the current No. 1 streaming platform Twitch will certainly mean very interesting changes for both the content delivery platforms. At present these changes remain unclear.

Join the discussion on Google's acquisition of Twitch on the OC3D Forums. 

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Most Recent Comments

25-07-2014, 04:14:25

RamboOC
Get ready for bugs! loads of them! Google, if it's fine, don't touch itQuote

25-07-2014, 04:20:52

WYP
All i hope is that Google keep running them as separate entities.

Every time google combines things together there are so many silly bugs.Quote

25-07-2014, 04:22:43

barnsley
Quote:
Originally Posted by RamboOC View Post
Get ready for bugs! loads of them! Google, if it's fine, don't touch it
Its really not fine. The servers are always having issues. If anything, access to google's hardware will improve twitch no end. They have the software, community and business model. Just not the servers.

So it'll be aight for 6 months until google start implimenting twitch emotes into youtube or something.

#KeepKappaTwitchQuote

25-07-2014, 04:23:13

MadShadow
Just wait for the damn Google+ integration. That's gonna so many people of. One can only imagine whats next... YouFlix when they buy Netflix? Who knows.Quote

25-07-2014, 04:23:15

Dicehunter
1 Billion you say ?

I think this deserves some "Evil" pinky action

http://audiosex.pro/uploads/profile/photo-6577.jpgQuote
Reply
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