HardOCP News
[H] News
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- Dec 31, 1969
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YouTube buying Twitch for $1 billion? What's with all these billion dollar acquisitions lately?
Googles YouTube has reached a deal to buy Twitch, a popular videogame-streaming company, for more than $1 billion, according to sources familiar with the pact. The deal, in an all-cash offer, is expected to be announced imminently, sources said. If completed the acquisition would be the most significant in the history of YouTube, which Google acquired in 2006 for $1.65 billion.