Amazon went official with its plans to acquire popular streaming website Twitch back in August. The deal was announced to be worth $970 million and everything now appears to be finalized, according to a recent SEC filing. Amazon has just taken over the hotspot for video game streams, which boasts over 55 million active monthly viewers.
The company isn't new when it comes to streaming content and Twitch joins a considerable array of services, including video on-demand. While it's not known what Amazon plans for the newly acquired property, Twitch CEO Emmett Shear noted the following in an announcement:
"We chose Amazon because they believe in our community, they share our values and long-term vision, and they want to help us get there faster. We're keeping most everything the same: our office, our employees, our brand, and most importantly our independence. But with Amazon's support we'll have the resources to bring you an even better Twitch."
Are you interested to see what the online giant has planned for Twitch? Let us know your thoughts in the comments.