According to a new report, Youtube has reportedly acquired the popular video game streaming service, Twitch, for $1 billion.
The rumor comes via Variety, which cites “sources familiar with the pact” to claim the deal has been signed and sealed.
What’s particularly interesting about the rumor is that it’s not being talked about in terms of “Google buys Twitch” but “YouTube buys Twitch”. Twitch was founded in 2011 by Justin.TV co-founders Justin Kan and Emmett Shear. It raised $35 million in startup funding.
