Has Google just bought game-streaming Twitch.tv for $1bn?

It looks like Google's dropped big cash - $1bn big to be precise - on Twitch, the incredibly popular game-streaming service, according to a report by VentureBeat. We heard rumours back in May that Google might be looking to snap up Twitch with big money, and it seems the big G has followed through on the chatter.

While VB says it's assured the deal has gone through, some key points still remain unclear.
"We don’t know everything about this deal, such as when it will be announced and the exact purchase price," reads the report. "We do know that Twitch investors who participated in past rounds are pleased that they will be getting significant returns that are multiple times the amount they originally invested."

Apparently both Google and Twitch declined to comment on the move, but it's said that Google's YouTube division headed up the acquisition. Twitch is the world's most popular game-streaming platform, pulling in upwards of 45-million visitors every single month.

The service lets gamers stream their own footage, with League of Legends, Dota 2, and Hearthstone: Heroes of Warcraft amongst the most viewed titles. Gameplay can be streamed on PC, PS4, and Xbox One, and the site often hosts footage from big e-sports events like the League of Legends LCS.

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