Google buying Twitch for $1 Billion

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The popularity of game-streaming service, Twitch, has been growing exponentially lately, especially following the support from the Playstation 4 and Xbox One platforms.

This popularity, apparently, hasn’t gone unnoticed by the guys at Google, since it has been reported that the internet giant is about to fork out a whopping $1 Billion for Twitch’s acquisition. Sources within the industry have stated that even though negotiations were in early stages, both parties agreed on a deal. Having such a huge company behind Twitch, would be a huge blow for the competing services, aiming at providing game streaming services.

Both Google and Twitch have failed to comment about these reports, though we should expect an official press release in the coming days.

This acquisition is yet another testament, that the gaming industry has become the dominant industry in the entertainment market, with the likes of Google and Amazon jumping in trying to get their share.

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Twitch is the leading service provider for game streaming, allowing users to stream game-play footage of their game sessions from their PC, Playstation 4, and Xbox One platforms.

The post Google buying Twitch for $1 Billion appeared first on Gadgets Malta.

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My love and passion for gaming started before the love for breasts, at the tender age of four, back when consoles took hours to load, games came on tapes, and looked like the Lego man took a crap on the TV. I was raised by badgers, and through my youth I nurtured my passion for games instead of actually doing anything productive in life, but god damn it, it was worth it. I like long walks on the beach, preferably in the nude, even though it’s frowned upon, and when I’m alone I like to put on a fake British accent and make the sonic screwdriver sounds. I worked in the gaming industry for roughly seven years before starting a fresh page in the AV world and founding Some Guys One Mic
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