Tag: Twitch acquires Social Networking platform Bebo for $25 Million

Twitch a subsidiary of Amazon, just acquired social networking platform Bebo for an amount close to $25 million. Together with Bebo, Twitch aims to work on its esports business and for Twitch Rivals series promotion. As per the contract, Twitch will retain all the employees of Bebo (10 currently) and IP. Twitch wasn’t the only…