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You are here: Home / Featured / Amazon buys Twitch for $970 million

Amazon buys Twitch for $970 million

August 26, 2014 By Kunal Gangar Leave a Comment

twitch

Amazon has confirmed to buy Twitch Interactive, Inc., a live video platform for gamers. Amazon will acquire outstanding shares of Twitch for approximately $970 million in cash and expects to close the transaction by end of 2014.

Twitch was launched in June 2011 and focuses exclusively on live video for gamers. In July, more than 55 million unique visitors viewed more than 15 billion minutes of content on Twitch produced by more than 1 million broadcasters.

  • Xiaomi launches Redmi Smart Fire TV
  • Amazon Prime Video app launches on the Mac App Store
  • Amazon India announces discounts and offers on gaming laptops, accessories via its grand gaming days
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Filed Under: Featured, Gaming

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