Home Entertainment Logitech is buying Streamlabs for $89 million

Logitech is buying Streamlabs for $89 million

Logitech has agreed to acquire Streamlabs, which makes the favored reside streaming app Streamlabs OBS, for roughly $89 million in money. The pairing looks like a pure match, as Logitech already makes widely-used gaming peripherals and streaming gear.

Streamlabs OBS already helps streamers arrange their streams, observe donation alerts, arrange stream overlays, comply with their chats, and extra. Logitech makes fashionable gaming and streaming peripherals like keyboards, mice, and webcams, and owns Blue Microphones, a frequent mic alternative for streamers, so proudly owning Streamlabs ought to, in concept, ought to make for higher integration with all of its {hardware} already utilized by streamers.

On its web site, Streamlabs boasts that 70 p.c of Twitch makes use of Streamlabs and claims that greater than 15,000,000 streamers already use Streamlabs. We discovered that Streamlabs has a extra user-friendly interface for starting streamers than Open Broadcast Software (an open supply venture that Streamlabs is constructed off of), so it’s a well-liked possibility for streamers who’re simply beginning out.

Last month, Twitch launched its personal broadcasting software program, Twitch Studio, that’s designed to assist new streamers get streaming as quickly as doable (and, hopefully keep streaming on the platform as streaming turns into extra fashionable). Streamlabs OBS is extra refined, with extra choices, themes, and apps you should use to good the look of your stream, but it surely permits you to stream to Twitch in addition to rival platforms like YouTube, Mixer, and Facebook.

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