Google, by way of YouTube, has apparently reached a deal to purchase the popular streaming company, Twitch, for over $1 billion. Sources familiar with the deal say that it's $1 billion (USD) in an "all-cash offer" and it is expected to be announced very soon.

Representatitives for both parties declined to comment on the deal with Variety.
The deal, in an all-cash offer, is expected to be announced imminently, sources said. If completed the acquisition would be the most significant in the history of YouTube, which Google acquired in 2006 for $1.65 billion. The impending acquisition comes after longtime Google ad exec Susan Wojcicki was named CEO of YouTube earlier this year.

With the flawless playback abilities of YouTube and the impeccable livestreaming capabilities of Twitch, what could possibly go wr-