Reginal Thomas
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Amazon.com Inc Buy Twitch Interactive for $970 Million


Amazon.com Inc. has acquired Twitch Interactive, a live streaming gaming network, for $970 million in cash. This deal marks the largest acquisition in Amazon's history. The deal is expected to close by the end of year. Amazon beat out Google Inc., which was in talks to buy Twitch also. James McQuivey a Forrester Research analyst said, "It's clear that Amazon will want to find more content that it can control."