Microsoft Corporation acquired Beam, a transaction announced in August 2016.
Beam operates in Xbox, is based in Seattle, USA. Beam is an interactive livestreaming service that lets viewers watch and participate in real time with game streamers, influencing gameplay through in-stream choices and challenges. Microsoft acquired it to make Xbox Live more social and interactive across platforms.
Make Xbox Live more social and interactive and give gamers more choice in multiplayer and streaming experiences across platforms.
Beam remains committed to its mission of empowering users and streamers across platforms and will now be better positioned to grow and give more back to the community.Matt Salsamendi, CEO, Beam
Advisory firms were not disclosed for this transaction.