{"id":71189,"date":"2019-09-28T03:07:26","date_gmt":"2019-09-28T10:07:26","guid":{"rendered":"http:\/\/www.taterboy.com\/blog\/2019\/09\/logitech-acquires-popular-game-streaming-tool-streamlabs-for-around-89m\/"},"modified":"2019-09-28T03:07:26","modified_gmt":"2019-09-28T10:07:26","slug":"logitech-acquires-popular-game-streaming-tool-streamlabs-for-around-89m","status":"publish","type":"post","link":"https:\/\/www.taterboy.com\/blog\/2019\/09\/logitech-acquires-popular-game-streaming-tool-streamlabs-for-around-89m\/","title":{"rendered":"Logitech acquires popular game streaming tool Streamlabs for around $89M"},"content":{"rendered":"

If you\u2019re into live-streaming video games, you\u2019ve probably heard of Streamlabs<\/a>. They make a popular, free software tool for overlaying content on top of whatever game you\u2019re playing, allowing streamers to pop everything from sponsorship logos to donation alerts on top of their video.<\/p>\n

Logitech <\/span><\/a> has acquired the company for roughly $89 million, plus $29 million in bonus payments if the team can hit \u201csignificant revenue growth targets.\u201d<\/p>\n

Streamlabs <\/span><\/a> says that they have about 1.6 million streamers using their tool each month, with 161 million hours streamed through it since it launched in beta in January of 2018. They also have a mobile streaming app, which the company says has around 480,000 users.<\/p>\n

The acquisition makes a good amount of sense. Logitech has been pushing into the space for some time now, with purpose-built hardware for gamers and streamers (like, say, webcams that auto-remove everything behind you for a greenscreen-style overlay effect). Now they\u2019ve got the software to push people to after their hardware is all setup, and it\u2019s already a proven solution.<\/p>\n

In a post announcing the acquisition<\/a>, Streamlabs founder Ali Moiz says that their tools will remain free, and they\u2019ll continue to support any platform they already support today (so Windows, Android and iOS.)<\/p>\n

\"\"<\/p>\n

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If you\u2019re into live-streaming video games, you\u2019ve probably heard of Streamlabs. They make a popular, free software tool for overlaying content on top of whatever game you\u2019re playing, allowing streamers to pop everything from sponsorship logos to donation alerts on top of their video. Logitech has acquired the company for roughly $89 million, plus $29… Read the full article…<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[174,377],"tags":[],"class_list":["post-71189","post","type-post","status-publish","format-standard","hentry","category-games-media","category-gaming"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t