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Forget Google, Amazon Buying Twitch Streaming Service for More Than  Billion | Droid Life

According to two sources: (The Information &  Wall Street Journal), Google is no longer set to acquire Twitch, the live stream network for roughly $1 billion. Instead, Amazon is now the buyer, reportedly all set to sign the paperwork and announce the deal as early as today.

The deal is reported to be worth more than $1 billion, as Amazon will look to take Google’s YouTube as well as Netflix head-on once the deal is made. Of late, Twitch has been the go-to site for gamers. There is no information available as to why Google backed out of the deal, but speculation leads to the theory that if Google purchased Twitch, there would no longer be any type of real competition in the live stream business. Confirmation to follow imminently as this will be a big deal indeed.

Forget Google, Amazon Buying Twitch Streaming Service for More Than $1 Billion | Droid Life.

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