Wednesday, May 06, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft May Bid For Salesforce
NVIDIA to Wind Down Icera Modem Operations
EU court Says Sky Sounds Like Skype
Google Says Mobile Searches Top Desktop PC Queries
T-Mobile Allows Verizon Clients To Test Its Network
Samsung Delivers Faster Speeds With New PRO Plus and EVO Plus Memory Cards
Cisco Identifies Virus That Kills Off PCs
Intel Xeon E7 v3 Processor Series Debuts
Active Discussions
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
burning
 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 Unveils New Hotel Booking Site
FAA Allows Amazon Test Drones
Amazon Button for Instant Product Ordering
Amazon Starts Offering Home Services
Amazon Cloud Drive Now Offers Unlimited Storage
Amazon Adds New Features for Amazon Fire TV and Fire TV Stick
Amazon Drones Cleared For Take Off
Amazon to Produce Movies for Theaters, Prime Service
EU Details Amazon's Luxembourg Tax Deal
Amazon Studios Signs Woody Allen to Create His First TV Series
Amazon Had 10 million New Prime Members Over Holidays
Amazon Instant Video Gets Ultra HD Movies and TV Shows

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .