YouTube will spend 1 billion dollars to buy game live business Twitch

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Tencent Science and technology news May 19, Google (micro-blog) 's video site YouTube, although the world's first original video users, but rarely outbound mergers and acquisitions news. A few days ago, the U.S. website Varity quoted sources said that YouTube and the United States game live service provider Twitch reached an agreement, will spend 1 billion of dollars to buy the other party. This will be the largest acquisition ever since YouTube was born.

The source said that YouTube will be a full cash acquisition, the other two companies will be announced soon. However, by the time of press, the relevant aspects have not yet announced the news.

YouTube itself is one of the most successful mergers and acquisitions since Google was born, and YouTube is now the world's largest video site, with market share leading the rest of its rivals. 2006, Google spent 1.65 billion dollars to buy YouTube, then the network video into the outbreak, Google became the video industry "king."

It is reported that earlier this year, Google executives Susan-wojcicki as YouTube chief executive, the merger deal, under her leadership to complete.

For online game enthusiasts, Twitch is a very familiar brand, headquartered in San Francisco, California, which allows gamers to upload video of the game in progress, and can broadcast the Xbox or Sony PS4 games on the video to the outside world.

Its video service already has 45 million monthly active users, each month has more than 1 million members to upload the video. In addition to gaming video, the company also works with the CBS interactive business Gamespot,joystiq and destructoid and other service providers for video distribution.

According to sources, YouTube expects the deal to be censored by the US government's antitrust authorities, given the impact of two video sites in the industry. YouTube, which currently has more than 1 billion users worldwide and broadcasts more than 6 billion videos a month, says the Justice Department may come forward to investigate whether the acquisition affects market competition.

Twitch was born in June 2011 and the two founders were Justinkan and Emmettshear, shear as chief executive. Prior to this, the two people had founded the internet early game video live site Justin.tv.

It is reported that since its birth, the company has received a total of 35 million of dollars in venture capital, VC companies including Bessemerventure, Alsop Louie, Westsummit, Take-two Interactivesoftware, Thrive Capital and Draper Associates.

Twitch's other competitor in the industry is Majorleague Gaming, a company located in New York, where investors include oak investment Ryancavanaugh, CEO of the company and Relativity Media.

According to statistics published by the relevant agencies, in March this year, in the North American fixed broadband market, twitch traffic accounted for 1.35%, compared to the third quarter of last year almost three times times, showing a large number of game video viewing. Morning)