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Google commits to $1bn purchase of Twitch - report

Erik Johnson
Google commits to $1bn purchase of Twitch - report

Google is finalizing a $1bn deal to acquire streaming video network Twitch, a new report claims.

Games Beat cites “sources familiar with the matter,” who state that the purchase is official. Reports from earlier this year also claimed the deal was in the works, but still “at an early stage.”

The deal would put Twitch under Google's belt alongside YouTube, which the firm purchased in 2006 for $1.65bn.

Twitch has declined to comment on the report, while Google has yet to issue any response on the matter.

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Tags: google , report , acquisitions , MCV USA , Twitch

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