Google acquires video game streaming website Twitch for over $1 - TopicsExpress

Google acquires video game streaming website Twitch for over $1 billion Google-owned YouTube has acquired the video game streaming website Twitch for a deal worth more than $1 billion. Sources familiar with the deal have told Variety that the deal will be officially announced soon. YouTube is preparing to go up against US regulators over the sale due to anti-competitive concerns in the online video streaming space. An acquisition would be a numbers-boosting coup for YouTube, as its own live streaming service YouTube Live, for live events including Google+ Hangouts, gaming, news, music and sporting events, isnt as popular as Twitch - at least for video game streaming. Twitchs live streaming capabilities on the other hand is already integrated into EAs Origin service, uPlay, both next-gen consoles Xbox One and PS4, along with others. And though the start up, live-streaming service launched just a few years back in 2011, Twitch now has a million active broadcasters and more than 45 million unique visitors who consume 13 billion minutes of internet video every month.

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