Amazon.com Acquires Twitch for $970,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=98808e3c-fd49-41af-a748-ff5673aaa127
Date
8/25/2014
Company Name
Twitch
Mailing Address
Undisclosed San Francisco, CA 94105 USA
Company Description
TwitchTV is the world’s largest video game broadcasting and chat community. We’re dedicated to connecting people around the games they love.
Website
http://www.twitch.tv
Transaction Type
M&A
Transaction Amount
$970,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Amazon will acquire all of the outstanding shares of Twitch for approximately $970 million in cash.