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Post by Dan @ 09:40am 26/08/14 | 2 Comments
Following rumours that a $1 Billion acquisition from Google was looming, online retail giant Amazon has revealed itself as the new owner of Twitch, confirming a $970 million cash purchase of the hugely popular streaming video service.
“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 Emmett Shear, CEO of Twitch. “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.”
A statement from Twitch CEO Emmett Shear thanking users for their support and describes Amazon as the right choice for the deal as they "share our values and long-term vision". Shear also goes on to say that Twitch plans to "keep everything the same" in regards to its office, employees and brand, and rather puzzlingly intends to retain its "independence".



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Latest Comments
ytime
Posted 10:04am 26/8/14
Holy s***. Way to go Twitch.

This does explain their crack down on music.
ph33x
Posted 10:35am 26/8/14
Whoa. Plot twist.
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