Report: YouTube to Acquire Twitch for $1 Billion

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Is YouTube making a play in the livestreamed video game world? It has offered to buy eSports streaming portal Twitch for more than $1 billion, according to a Variety report. The deal, which would be the largest acquisition ever for YouTube, could be announced soon.

However, The Wall Street Journal said the companies' talks are only preliminary. A purchase price has not been revealed, and the WSJ said that Twitch was also considering raising funds instead of selling.

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