Monday, August 25, 2014

Amazon will buy Twitch for almost a billion dollars – L’Usine Nouvelle

Amazon will buy Twitch for almost a billion dollars – L'Usine Nouvelle

SAN FRANCISCO (Reuters) – Amazon said Monday that it would acquire Twitch, a network that allows users to be playing video games for about $ 970 million ( € 732 million) in cash.

This acquisition confirms Amazon’s will no longer be content with the online business and diversify into video and Internet games.

The transaction should be completed in the second half, said Amazon in a statement.

Twitch, which was founded in 2011 and boasts 45 million visitors a month, had also been approached by Google Has it learned from a source familiar with the matter.

(Deepa Seetharaman and Malathi Nayak, Patrick Vignal for the French service)

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