Tuesday, September 16, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IBM Offers Watson Data Tool To the Mainstream
Microsoft Releases New Arc Touch Bluetooth Mouse, PC Accessories
Toshiba Introduces New Exceria UHS-I SD Memory Cards, Transmemory Flash Drive
Nvidia SHIELD Tablet Gets 32GB Storage and 4G LTE
Micron M600 SSD Released With Dynamic SLC Cache
Orange to Buy Spanish Operator Jazztel
US Government Data Requests Increased: Google
Wi-Fi Alliance Enhances Wi-Fi CERTIFIED Wi-Fi Direct
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > Amazon ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, August 26, 2014
Amazon Buys Twitch for $970 million


Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, as the company is trying to transform into an Internet destination beyond its core retail operations.

Twitch's format, which lets viewers message players and each other during live play, is garnering interest as one of the fastest-growing segments of digital video streaming, which in turn is attracting more and more advertising dollars.

The deal, expected to close in the second half of the year, is an unusual step for Amazon, which tends to build from within or make smaller acquisitions.

"Broadcasting and watching gameplay is a global phenomenon and Twitch has built a platform that brings together tens of millions of people who watch billions of minutes of games each month – from The International, to breaking the world record for Mario, to gaming conferences like E3. And, amazingly, Twitch is only three years old," said Jeff Bezos, founder and CEO of Amazon.com. "Like Twitch, we obsess over customers and like to think differently, and we look forward to learning from them and helping them move even faster to build new services for the gaming community."

"Amazon and Twitch optimize for our customers first and are both believers in the future of gaming," said Twitch CEO Emmett Shear. "Being part of Amazon will let us do even more for our community. We will be able to create tools and services faster than we could have independently. This change will mean great things for our community, and will let us bring Twitch to even more people around the world."



Previous
Next
LG G3 Stylus Debuts At IFA        All News        JEDEC Releases LPDDR4 Standard
AMD Announces Heterogeneous C++ AMP Language for Developers     General Computing News      China Probes Microsoft Over Web Browser And Media Player

Get RSS feed Easy Print E-Mail this Message

Related News
Amazon's Prime Instant Video Now Available on Android Phones
Amazon Fire Phone Now Available For 99 Cents
Could Amazon Challenge Google's Ad Business?
Amazon.com Releases Card-swiping Device
Amazon Offers New 3D Printed Products Store
Amazon Unveils e-book Subscription Service
Amazon Is Getting Serious About Drones
Amazon Billed Parents for Millions of Dollars in Children's Unauthorized In-App Charges
Amazon Releases The Fire Phone
BlackBerry to Offer Amazon Appstore Available on BlackBerry 10 Smartphones
Amazon's First Smartphone Coming Tomorrow
Amazon Launches Music Streaming Service

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .