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  1. #1
    WHT-BR Top Member
    Data de Ingresso
    Dec 2010
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    [EN] Amazon acquires Twitch in a $970 million cash deal

    In May, Variety first reported that Google was in talks to acquire video game streaming company Twitch for more than $1 billion. Three months later, that deal is dead and Amazon confirmed on Monday that it’s purchasing Twitch for approximately $970 million in cash.

    Google was unable to close the deal, said sources familiar with the talks, because it was concerned about potential antitrust issues that could have come with the acquisition. The Mountain View, Calif. company owns YouTube which competes with Twitch to broadcast and stream live or on-demand video game sessions. One source noted that because of the concerns, Google and Twitch could not come to an agreement on the size of a potential breakup fee in case the deal did not go through.

    Twitch was launched in June 2011 by Justin.tv co-founders Justin Kan and Emmett Shear and focuses on live video game streams and eSports broadcasting.


    In July 2014, more than 55 million unique visitors viewed more than 15 billion minutes of content on Twitch produced by more than 1 million broadcasters -- including individual gamers, pro players, publishers, developers, media outlets, conventions and stadium-filling esports organisations -- which the company attributed in part to the service’s availability on PlayStation 4. Twitch streaming was added to Xbox One in March.

    “Broadcasting and watching gameplay is a global phenomenon and Twitch has built a platform that brings together tens of millions of people who watch billions of minutes of games each month – from The International, to breaking the world record for Mario, to gaming conferences like E3. And, amazingly, Twitch is only three years old,” said Jeff Bezos, founder and CEO of Amazon.com. “Like Twitch, we obsess over customers and like to think differently, and we look forward to learning from them and helping them move even faster to build new services for the gaming community.”

    “Amazon and Twitch optimize for our customers first and are both believers in the future of gaming,” said Twitch CEO Emmett Shear. “Being part of Amazon will let us do even more for our community. We will be able to create tools and services faster than we could have independently. This change will mean great things for our community, and will let us bring Twitch to even more people around the world.”

    Twitch launched in June 2011 to focus exclusively on live video for gamers. Under the terms of the agreement, which has been approved by Twitch’s shareholders, Amazon will acquire all of the outstanding shares of Twitch for approximately $970 million in cash, as adjusted for the assumption of options and other items. Subject to customary closing conditions, the acquisition is expected to close in the second half of 2014.
    http://advanced-television.com/2014/...latform-twitch

  2. #2
    WHT-BR Top Member
    Data de Ingresso
    Nov 2010
    Posts
    1,608
    purchasing Twitch for approximately $970 million in cash.
    Pouco dinheiro heim hehehehe
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