Thursday, November 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HP Patches Code execution Bug in Enterprise Printers
YouTube Takes More Steps to Tackle Down Videos Inappropriate for Minors
Broadcom Considering Increasing Qualcomm Bid
Facebook Will Notify you if you Have Followed Russian Propaganda
Russia Threatens to Block Ads on Google
Apple Confirms Student Personnel Worked Overtime For Hon Hai on iPhone X plant
U.S. Government Warns Businesses About Vulnerabilities Of Management Engine in Intel Chips
Samsung to set up AI Research Center
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
TVs, Tablets and More - Amazon's Black Friday Deals Sneak Peek
Amazon to Produce 'Lord of the Rings" TV Series
Amazon Tops Sales Estimate
Amazon Introduces Cloud Cam Security Camera, Amazon Key Delivery Program
New Amazon Kindle Oasis is Waterproof, Features a 7-inch, 300 ppi Display
Amazon Is Testing Delivery Service: report
European Commission Finds Luxembourg Gave €250 Million Illegal tax Benefits to Amazon, Takes Ireland to Court
Amazon Unveils 4K Amazon TV, Echo Spot, New Echo and Echo Plus
Amazon to Bring Alexa to New 'Smart Glasses' Wearable Device: report
New Amazon Fire HD 10: 1080p Full HD Display, Faster Performance, for $150
European Governments Want to Tax Digital Giants' Revenues
Amazon Prime Wardrobe Lets You 'try-before-you-buy' Clothes

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .