Items tagged with livestreaming

Logitech is trying to become a major force in the broadcast and livestreaming space. It took another step in that direction today by announcing it has agreed to acquired Streamlabs for $89 million in cash, and potentially another $29 million in Logitech stock (subject to the achievement of significant revenue growth targets for Streamlabs). Streamlabs makes the popular Streamlabs OBS, which according to the company has been used to stream 161 million hours of content since January 2018. There are currently 1.6 million people who use Streamlabs OBS, and if the company's figures are accurate, 70 percent of Twitch is streamed with its software. "We’ve been fans of Streamlabs and their software... Read more...