That's right. The biggest video sharing platform website in the world will take over the biggest livestreaming website in the world. The amount it will cost they say will be about $1 billion.
This will be Youtube's biggest deal since Google took them over back in the 2006 years and it allows them to get more into the livestream sector.
So it will be incorporated together and Youtube's livestreaming options will expand. Youtube haven't fully confirmed on the details of the deal that is soon to come but it will cost them a lot of money.
What else could Youtube incorporate into Twitch? They could use the Google + social network as a means of using the chat interface.