Google bets big on Live Streaming – twitch.tv to be acquired for $1 Billion?

Earlier this year Google already said that they could be interest in the Live-Streaming platform twitch.

Now that seems to become a reality, according to VentureBeat, Google is willing to pay $1 billion for the popular streaming site. Live-streaming continues to gain traction, it is the leading video platform for gamers and has more than 45 million visitors per month.

Google bought YouTube back in 2005 for $1.3 billion, with twitch they could further bolster their market position in this segment.

Google did not comment on the rumors but the acquisition would make sense for Google and looking at recent Silicon Valley purchases the amount seems realistic as nothing with potential goes under a billion these days.

3 thoughts on “Google bets big on Live Streaming – twitch.tv to be acquired for $1 Billion?

  1. Pingback: Justin.tv shuts down – part of Deal with Google to acquire Twitch? | The Tech Globe

  2. Pingback: Google Acquires photo analysis app Jetpac | The Tech Globe

  3. Pingback: Amazon beats Google to Acquire Twitch for $970 Million | The Tech Globe

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s