Tuesday, August 26, 2014

Twitch bought for 970 million dollars. by Amazon, not Google – wirtualnemedia.pl

In recent weeks, there were reports that the acquisition Twitch for approx. Google negotiates one billion U.S. dollars ( more on this topic ). Ultimately, however, the service buyer turned out to be Amazon, which was announced on Monday.

– Publish and watching gameplayów a global phenomenon, and Twitch built a community of tens of millions of users viewing each month billions of minutes of their games – justified this transaction Jeff Bezos, head of Amazon. – We want to learn from them and help them to more quickly create new services for the gaming community – he added.

Amazon for Twitch pay in cash of $ 970 million, and options in the contract make the final value of the transaction may exceed one billion U.S. dollars. Finalization is expected by the end of this year.

Twitch operating since 2011. Allows users to upload and watch so. gameplay videos, or video with excerpts from the course computer games (as well as Xbox One and PlayStation4). In July this year. site had 55 million users who watched 15 billion minutes of video. In Poland, the service in May this year. visited 390.6 thousand. Internet users (according Megapanel / PBI – see the full results ).

– We chose Amazon’s offer because this company believes in our community, shares our values ​​and long-term vision of development and wants to help us implement it faster – wrote in a letter to members Emmett Shear, head of Twitch. – We leave almost everything the same as before: our office, employees, brand, and – most of all – our independence. However, with the support of Amazon will have the resources to provide you even better Twitch – he declared.

In the last year Twitch has already collected $ 35 million from investors, who included game publisher Take-Two Interactive Software and the company’s Bessemer Venture Partners and Thrive Capital.

Amazon does not reveal yet what specific plans are with respect to the acquired site. – We have a lot of ideas, which we have already discussed, and there are many projects that we realize – said Michael Frazzini, vice president of Amazon Games.

At the beginning of the year. there is information that Amazon is working on its own gaming console operating system Android ( more on this topic ).

Author: t

More info: Twitch, Amazon, gameplay, video service

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