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Amazon Completes Purchase of Twitch

Amazon Completes Purchase of Twitch

Amazon, the same company you  buy your books, back massagers, and inflatable couches from… among other things… now owns Twitch.TV. The acquisition of the streaming service is officially complete, according to a new SEC filing. Amazon purchased all outstanding shares of Twitch for about $970 million.

Twitch community, CEO Emmett Shear wrote, “We chose Amazon because they believe in our community, they share our values and long-term vision, and they want to help us get there faster. We’re keeping most everything the same: our office, our employees, our brand, and most importantly our independence. But with Amazon’s support we’ll have the resources to bring you an even better Twitch.”

Source: Gamespot

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