Google Plays The Acquisition Game With $1 Billion Twitch Take Over Plan
It seems the year 2014 would be known as ‘The year of takeovers’. In just the last few months we have seen some major billion dollar acquisitions by tech giants. Without a doubt the golden throne of big dollar takeovers is ruled by Mark Zuckerberg with his takeover of Oculus, Whatsapp and Liverail. Microsoft finished the $7.2 billion acquition of Nokia this year. Google is now planning its own billion dollar deal. The Search giants are now interested in taking over gaming video streaming network Twitch under the Youtube brand name.
It was reported in Variety and the Wall Street Journal that Google was in talks with Twitch for acquiring the company. It is now being reported that the companies have reached an agreement and will announce it soon. Though as of now both parties have refused to comment on the issue.
Twitch is a cool service which lets users share their game video streams. It’s a great way for the nerds and super-nerds to hangout, share stats and their gameplay. You can easily see how this service can be in line with YouTube’s streaming medium. Maybe its an effort by Google to give gamers some kind of contact with the mainstream world.