Boxee, a relatively small Israeli company known for its set-top box that streams media to TVs, has been purchased by Samsung for roughly $30 million. The news comes out of Israeli site The Marker , and we're working on obtaining confirmation of the deal from both companies. According to the report, Boxee's roughly 40 employees will be retained by Samsung following the acquisition.
It's expected that Samsung will use Boxee's technology in its range of smart TVs. It's not clear how Boxee will be incorporated into future TVs, but the Korean company's smart TV software has long been a sticking point as it has struggled to add features while keeping navigation simple to use.
via The Verge - All Posts http://www.theverge.com/2013/7/3/4490362/boxee-acquired-by-samsung-in-surprise-deal-according-to-report
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