Amazon Completes Twitch Acquisition

Chris CrumBusiness

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Last month, Amazon announced its intent to acquire Twitch, the popular live video platform for gamers. That acquisition was completed on Thursday, records show.

You can see the SEC filing here (via ZDnet), which says: "On September 25, 2014, Amazon.com, Inc. completed its acquisition of Twitch Interactive, Inc."

Amazon CEO Jeff Bezos said upon the company's initial announcement, "“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.”

Twitch CEO Emmett Shear added, "Amazon and Twitch optimize for our customers first and are both believers in the future of gaming. 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.”

The price of the acquisition was $970 million. Prior to the deal, Google had been in talks to acquire Twitch, but reportedly backed out for fear of potential anti-competitive concerns.

Image via Twitch

Chris Crum
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.