Amazon.com acquired Twitch Interactive, Inc. for approximately $970 million, a transaction announced in August 2014, structured as all cash.
Twitch Interactive, Inc. operates in Entertainment / Live video streaming, is based in San Francisco, California, USA. Amazon acquired Twitch, the leading live-streaming video platform for gamers, which at the time drew more than 55 million monthly unique visitors and over a million broadcasters. Twitch continued to operate independently while benefiting from Amazon's infrastructure. The deal marked Amazon's expansion into interactive live video and gaming communities.
Both companies obsess over customers and believe in the future of gaming; Amazon aimed to help Twitch move faster and build new services for the gaming community.
Broadcasting and watching gameplay is a global phenomenon and Twitch has built a platform that brings together tens of millions of people. 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.Jeff Bezos, Founder and CEO, Amazon
Amazon and Twitch optimize for our customers first and are both believers in the future of gaming. Being part of Amazon will let us do even more for our community.Emmett Shear, CEO, Twitch
Advisory firms were not disclosed for this transaction.