Completely contrary to what we heard earlier, it has been reported by The Information that Amazon, and not Google’s YouTube is buying Twitch, for a reported $1 Billion.
As per The Information,
Amazon.com has been in late-stage talks to acquire video site Twitch, according to two people familiar with the matter, after reports that Google had virtually sealed a deal to acquire the site for $1 billion.
Both companies are expected to announce the deal shortly. We’ve mailed them for comments, stay tuned.
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Founder of the The Tech Portal. Now a consulting editor for the platform. Deepanshu has advised and worked with numerous early/mid-stage startups in diversified roles so far. You can click on his LinkedIn profile and drop in a message to get in touch.
