Amazon is on a buying spree and they have acquired Twitch for a hefty price of $970 million, after rumors spread last month that Google is already in final talks to buy Twitch. However, Amazon sealed the deal first and the acquisition is expected to close in the second half of 2014.
Image source: Fortune.com
Amazon CEO Jeff Bezos said, “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.”
“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.”
Twitch CEO Emmett Shear also said, “Amazon and Twitch optimize for our customers first and are both believers in the future of gaming. 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.”
In its blog update Twitch CEO Emmett Shear thanked their fans and confirmed the Amazon turnover.