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Search engine company Google plans to but video-streaming service Twitch for near $1 Billion to boost their video sharing service YouTube.

twitch
The new first reported on Wall Street journal says that “Google is in talks about a possible acquisition of Twitch, a fast-growing, live-video-streaming service, according to two people familiar with the matter.”

“The talks are at an early stage, and a deal isn’t imminent, the people said. The potential purchase price couldn’t be learned. Twitch also has considered raising additional funding instead of selling the company, according to one of the people.”

SEE ALSO: Google Acquired Quest Visual best known for Word Lens Translator

Twitch launched by Justin Kan and Emmett Shear  in June 2011. Twitch is  alive streaming video platform focused on e-sports and video gaming.

Wall Street Journal continues “For Google, Twitch would be a potential boost to its YouTube video service.” Twitch spokesman declined to comment about their deal with Google.


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