Logitech has reportedly agreed to acquire Streamlabs for $89 million in cash. Streamlabs is the popular company that makes the popular live streaming app Streamlabs OBS.
Streamlabs OBS already helps streamers set up their streams, track donation alerts, set up stream overlays, follow their chats, and more.
On its website, Streamlabs boasts that 70 percent of Twitch uses Streamlabs and claims that more than 15,000,000 streamers already use Streamlabs.
Streamlabs OBS is more sophisticated, with more options, themes, and apps you can use to perfect the look of your stream, but it lets you stream to Twitch as well as other platforms like YouTube, Mixer, and Facebook.
Logitech makes popular gaming and streaming peripherals like keyboards, mice, and webcams, so owning Streamlabs could make it more better integration with all of its hardware already used by streamers.