Amazon completes deal to purchase Twitch for $970 million
Amazon went official with its plans to acquire popular streaming website Twitch back in August. The deal was announced to be worth $970 million and everything now appears to be finalized, according to a recent SEC filing. Amazon has just taken over the hotspot for video game streams, which boasts over 55 million active monthly viewers.
The company isn't new when it comes to streaming content and Twitch joins a considerable array of services, including video on-demand. While it's not known what Amazon plans for the newly acquired property, Twitch CEO Emmett Shear noted the following in an announcement:
Are you interested to see what the online giant has planned for Twitch? Let us know your thoughts in the comments.
Source: SEC filing, via: ZDNet
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Rich Edmonds was formerly a Senior Editor of PC hardware at Windows Central, covering everything related to PC components and NAS. He's been involved in technology for more than a decade and knows a thing or two about the magic inside a PC chassis. You can follow him on Twitter at @RichEdmonds.