Twitch has become a popular online destination for video game players, who use the website to stream live gameplay of titles across a variety of consoles and formats. More than 55 million unique visitors viewed content generated by more than 1 million
In a surprise move, Amazon has bought video-game streaming service Twitch for $970m (£585m). Earlier in the year, Google's YouTube had been reported to be in late-stage acquisition talks for a similar amount. Founded in 2011, Twitch – formerly known as
Google's interest in Twitch, which came in at a $1 billion price tag, was widely reported. And a source confirms that Google indeed made an offer that fell through. But this person also says another company, Yahoo, also made
Amazon said Monday it's buying video-streaming site Twitch for $970 million in cash, noting that in just three years it's built a platform that attracts millions of visitors every month. Google was reported to have acquired the site
UPDATE (4:02pm): It's official: Amazon has purchased Twitch, following months of rumors that Google was looking to buy the video streaming company. Amazon says the exact purchase price will be $970 million in cash.