Amazon Buys Twitch

Amazon Buys Twitch For $1 Billion

Rumors were out that Google was planning to acquire Twitch but those rumors aren’t true anymore as Amazon and Twitch have officially announced a deal, which sees Amazon purchase all outstanding shares of Twitch for roughly $970 million in cash. The was approved by Twitch’s shareholders and should be completed sometime later this year. Twitch CEO, Emmett Shear, in a message addressed to the Twitch community, wrote, “We chose Amazon because they believe in our community, they share our values and long-term vision, and they want to help us get there faster. We’re keeping most everything the same: our office, our employees, our brand, and most importantly our independence. But with Amazon’s support we’ll have the resources to bring you an even better Twitch....


Lost Password

Register