YouTube puts game face on as it pays $1bn for live-streaming site Twitch

YouTube has acquired videogame-streaming service Twitch for more than $1bn (€730m).

The all-cash deal is expected to be announced “imminently”.

San Francisco-based Twitch allows consumers to broadcast live streams of themselves playing videogames and includes social networking features that allow gamers to communicate with each other during the broadcasts. More than 45m people visit its site every month.