Google trying to buy Twitch

A mere one billion dollars is the price I have heard being thrown around for google to purchase Twitch.tv. What could this mean? There have been speculations that google is tryingto eliminate streaming competition. Youtube has streaming qualities  but they are not as popular as twitch for live streaming. Be it stream quality or connectivity or lag issues or quite possibly that youtube got in on the live stream craze too late after twitch became popular and nobody wants to swtich. For those reasons I can see why people are thinking that towards google. Plus, a billion dollars is not a bad price to purchase twitch with but it is an interesting concept that twitch didnt jump on that. We will just have to wait and see what comes of this potential deal.