Amazon to Acquire Twitch for $970M

Amazon to Acquire Twitch for $970M, Monday announced that it has reached an agreement to acquire Twitch Interactive, the leading live video platform for gamers for approximately $970 million in cash. The acquisition of Twitch, a company that was launched in June 2011 to focus exclusively on live video for gamers, is expected to be closed by end of this year.

Twitch’s user community has reached more than 55 million users who have gathered to broadcast, watch and talk about video games.

According to a statement by Amazon, Twitch in a month (July) alone has garnered more than 55 million unique visitors who viewed more than 15 billion minutes of content that was produced by more than 1 million broadcasters, including individual gamers, pro players, publishers, developers, media outlets, conventions and stadium-filling esports organizations.

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.” 

–        Jeff Bezos, founder and CEO of

“Amazon and Twitch optimize for our customers first and are both believers in the future of gaming. Being part ofAmazon 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.”

–        Emmett Shear, CEO, Twitch

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