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July 3, 2013 08:13 pm GMT
Israeli and NYC-based streaming media and entertainment startup Boxee has been acquired by South Korean electronics giant Samsung, we've been told by reliable sources. The Tel Aviv-based startup launched its latest hardware device late last, the Boxee Cloud DVR, which was rebranded from the Boxee TV to emphasize its focus on streaming over-the-air broadcast HD channels, and recording the content grabbed from those transmissions. Samsung is a maker of lots of connected devices, including smart TVs, so it's a logical purchase for them in terms of extending the reach of their media ecosystem.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YzQf5RLACFU/
Streaming Entertainment Startup Boxee Acquired By Samsung For Around $30M
Israeli and NYC-based streaming media and entertainment startup Boxee has been acquired by South Korean electronics giant Samsung, we've been told by reliable sources. The Tel Aviv-based startup launched its latest hardware device late last, the Boxee Cloud DVR, which was rebranded from the Boxee TV to emphasize its focus on streaming over-the-air broadcast HD channels, and recording the content grabbed from those transmissions. Samsung is a maker of lots of connected devices, including smart TVs, so it's a logical purchase for them in terms of extending the reach of their media ecosystem.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YzQf5RLACFU/
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