It’s no lie that YouTube is the king of video streaming on the internet, but one service catching up quick is Twitch. Twitch is a streaming service for gamers that allows users to not only watch but share their own live gameplay footage from Xbox, Playstation, and many other platforms.

According to Variety, the deal will be all-cash and will be announced soon. Undoubtedly the federal government will be keeping a close eye on this acquisition as it gives YouTube even further reach in the video streaming world.


Source: Variety