Boxee Reportedly Acquired By Samsung For $30 Million

Posted July 3, 2013 at 4:21pm by iClarified | Please help us and submit a translation by clicking here | 6748 views

Boxee, the company that is known for its set-top box that streams media to TVs has been reportedly purchased by Samsung $30 million. The news comes out of Israeli site The Marker.

There has been no confirmation on the deal yet, however the report claims that Samsung will continue to work with the 40 employees at Boxee. Samsung is expected to use the capabilities of Boxee in their smart TVs.

Originally Boxee started as a software company and launched the Boxee Box in 2010 in a partnership with D-Link.

Update: This has now been confirmed by the New York Times.

Read More



Share
Add Comment
Mikael - July 3, 2013 at 9:20pm
Thats how it works.. Stop wining
jojo - July 3, 2013 at 5:12pm
Samsung is a fcking shit company.. killing the competition by buying them? Boxee is still relatively small but they have great products.. Samsung knows this so all they can do it either beat them fair and square by making decent products or just buy them to replace their devices with more shit.
SFTU - July 3, 2013 at 5:23pm
Same old whining anti Samsung shit......tard
jojo - July 3, 2013 at 5:44pm
Sure, but it doesn't make it any less true.. Samsung is shit.
Tom - July 3, 2013 at 7:21pm
What like apple just buys company's for same reason ie sir for example
Follow iClarified
Apple Job Postings Hint at Future VoLTE Support in iPhones
Apple's latest job postings on its website hi...
Apple Updates Pages, Numbers, and Keynote With Stability Improvements, Bug Fixes
Tempo Smart Calendar App Gets Updated With Uber Integration
The Tempo Smart Calendar app has been updated...
Sprint Launches New $60 Unlimited Plan
Sprint has announced its new Sprint $60 Unlim...
iCloud Services Are Down for Some Users [Update]
iCloud Services are down for some users, acco...