Variety today reports that Google’s YouTube has reached a deal to acquire the video game streaming site Twitch. Variety cites sources “familiar with the pact” in the report.
Neither Twitch, who were responsible for 1.35% of all of America’s downstream bandwidth in March 2014, nor YouTube made comment on the report.
Variety says the deal with an all-cash offer and should soon be publicly acknowledged by both companies.
Twitch was launched in June 2011 and rose to fame thanks — in part — to streaming integration on both the PS4 and the Xbox One. The company also has deals with industry players like MLG, Joystiq and more.
We’ll have more on this story as it develops.
This article may contain affiliate links, meaning we could earn a small commission if you click-through and make a purchase. Stevivor is an independent outlet and our journalism is in no way influenced by any advertiser or commercial initiative.
