Amazon acquired the video streaming platform, backed by Two-Take Interactive Software among others, for almost $1bn.
E-commerce company Amazon acquired US-based Twitch, a social video platform for gamers backed by investors including Take-Two Interactive Software, yesterday in a cash deal worth $970m.
Founded in 2011 as a spin-off from online video streaming site Justin.tv, Twitch runs a streaming service focusing on video games, enabling gamers to upload footage of game playthroughs and competitive contests.
Speculation emerged in May that internet company Google was about to buy Twitch for about $1bn. However, those reports were put to…
