Amazon Confirmed to Acquire Twitch

Despite rumours suggesting otherwise, the CEO of Twitch, Emmett Shear, has confirmed that Twitch has been acquired by Amazon.

$970 million is the rough figure for how much Amazon is paying to acquire Twitch’s outstanding shares, to be finalised by the end of this year.

Rest assured this move is set to be one that will purely drive the company and services forward, as Shear’s comments suggest in the latest post on the official Twitch blog:

We chose Amazon because they believe in our community, they share our values and long-term vision, and they want to help us get there faster. We’re keeping most everything the same: our office, our employees, our brand, and most importantly our independence. But with Amazon’s support we’ll have the resources to bring you an even better Twitch.”

What do you think about this? Let us know in the comments!