Google is reportedly acquiring video-game streaming service Twitch for $1 billion. According to a report in Variety by Todd Spangler, YouTube and Twitch have reached a preliminary all-cash deal. Twitch is a San Francisco-based company, and was started in 2011 by Justin Kan and Emmett Shear, co-founders of Justin.tv. The company has raised around $45 million of funding till date. The platform boasts over 45 million visitors every month.
[Image courtesy: Twitch]