![Google Reaches Deal to Buy Twitch for $1 Billion](http://townsquare.media/site/550/files/2014/07/Twitch1.jpg?w=980&q=75)
Google Reaches Deal to Buy Twitch for $1 Billion
Google bought YouTube in 2006 for $1.65 billion. Now, it has purchased the largest video game-streaming site in the world for $1 billion.
VentureBeat reports that Google has successfully reached its deal to buy the video game-streaming website, Twitch, and its various services. This past May, we originally reported that Google's YouTube division was planning to buy the website. There is a big chance that YouTube could absorb Twitch into itself, expanding YouTube's video game-streaming services tremendously. Either way, Google has successfully removed YouTube's biggest rival from live-streaming video footage.
Neither Google nor Twitch have yet to comment on the news. It is likely that Google will release a formal statement once all legal matters are formally settled between both parties. Both Google and Twitch will be speaking at GamesBeat 2014 this September in Germany, increasing the likelihood of a public announcement. We must remind our readers that Google purchased YouTube in 2006 for $1.65 billion and it became the premier video-streaming service on the Internet. It is likely that Google will do something similar with video game footage, streaming and Twitch.
More From Arcade Sushi
![Twitch Gets New Features and Dedicated PlayStation Apps](http://townsquare.media/site/550/files/2015/09/ps4.jpg?w=980&q=75)
![Twitch to Use an HTML5-Based Video Player Instead of Flash](http://townsquare.media/site/550/files/2015/07/twitch.jpg?w=980&q=75)
![YouTube Challenges Twitch With New YouTube Gaming Service](http://townsquare.media/site/550/files/2015/06/YouTube-Gaming.jpg?w=980&q=75)
![Twitch Bans Adults Only Games](http://townsquare.media/site/550/files/2015/05/leisure-suit-larry.jpg?w=980&q=75)
![Google Maps Gets Invaded by Pac-Man for April Fool’s Day](http://townsquare.media/site/550/files/2015/03/google-maps.jpg?w=980&q=75)
![Twitch CEO: Set-Top Boxes Are the Future, Not Consoles](http://townsquare.media/site/550/files/2015/03/consoles-through-the-ages.jpg?w=980&q=75)
![TwitchCon Is a Thing and It’s Happening in September](http://townsquare.media/site/550/files/2015/02/Twitch.png?w=980&q=75)
![Xbox Changes Rules on Videos and Streaming of its Game Content (Updated)](http://townsquare.media/site/550/files/2015/01/xbox-twitch.jpg?w=980&q=75)
![Flappy Bird Tops Destiny, FIFA and More in Google’s Year in Search](http://townsquare.media/site/550/files/2014/12/flappy-bird.jpg?w=980&q=75)