Wednesday, July 3, 2013

Samsung Confirms Boxee Acquisition

Samsung Confirms Boxee Acquisition

We reported earlier today on whispers coming in from various Israeli news agencies that Samsung had acquired Boxee. At that time both companies had said anything about any deal. Samsung has now confirmed to AllThingsD that it has indeed acquired Boxee. The rumors peg the price at $30 million, but Samsung didn't mention the terms in its confirmation. Unlike other corporate acquisitions, all staff at Boxee will be retained for now.

Samsung says that this acquisition of “key talents and assets” from Boxee will enable it to continue improving the overall experience across its connected devices.

Ubergizmo , Samsung Confirms Boxee Acquisition, Samsung Confirms Boxee Acquisition

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