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| VIEW EVENT INFORMATION: Zynga |
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Amazon’s Twitch Acquisition Too Big To Fail |
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About the organization Zynga:
Type: Business
Sub-Types: Website, Social Networking Agent, Online Gaming, Telecommunication Software, Application Software, Computer Software, Gaming, Gaming Software, Networking, Networking Software |
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Notable Organizations: Zynga, Techcrunch
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| It’s official: Amazon is going to acquire video game streaming site Twitch for $970 million in an all-cash deal. It’s a move that caught most of us off-guard, as the common understanding was that Google has or was going to buy the video streaming startup for somewhere around a billion dollars. But in many ways Amazon’s purchase of the company makes a lot of sense. At the very least, it’s unlikely Amazon will lose money on the deal. |
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