Samsung has confirmed the acquisition of video streamer Boxee. Terms of the deal were not disclosed.
Boxee is a DVR that stores content in the cloud. Originally developed as a software platform, Boxee later launched its own set-top box, pitching the Tel-Aviv start up against other devices including the Apple TV box and Roku.
“Samsung has acquired key talent and assets from Boxee,” a spokeswoman for the Suwon, South Korea-based company said in an e-mailed statement. “This will help us continue to improve the overall user experience across our connected devices.”
Boxee itself released a statement saying that “joining Samsung means we will be able to work on products that marry the best hardware and software in the TV space, products that will be used by tens of millions of people and will help to shape the future of TV.”
DTG Staff | 04.07.2013