Google's YouTube division reportedly taking the lead in acquisition.

Report: Google acquires Twitch for $1 billion

By Steve Watts, Jul 24, 2014 2:55pm PDT

Google has reportedly reached a deal to buy twitch, after months of rumors regarding an acquisition. 

Venture Beat reports that the sticker price on the video game streaming service was put at $1 billion. YouTube is said to be in charge of the acquisition. Both Google and Twitch have declined to comment, but the word has been circulating of this possible deal since May.

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