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It looks like the deal is going through – Google is reportedly finalizing a $1bn deal to purchase Twitch.

MCV are citing Games Beat who say “sources familiar with the matter,” are claiming the purchase for the game streaming network is official.

The news of Google proposing to purchase Twitch surfaced earlier this year, but nothing concrete. Twitch has grown dramatically with the launch of the PS4 which companions the application. Last we heard, the network boasts over 45m monthly users, with over a million members uploading videos each month.

Neither Twitch or Google has issued any comment on the matter.

Google’s also own YouTube which it purchased in 2006 for $1.65bn.