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Samsung buys Boxee, keeping on full staff
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Old 4th July 2013, 07:22   #1
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Default Samsung buys Boxee, keeping on full staff

Several Isreali news agencies are reporting that Korean electronics giant Samsung purchased set-top box company Boxee today. The Tel Aviv-based company apparently got less than the $30 million it was reportedly seeking, thus coming up at a loss since being founded in 2007. Boxee's approximately 40 employees are said to be staying on, including president Avner Ronen.

A Boxee rep tells Engadget, "We can't comment on the accuracy of those reports." Samsung had yet to return inquiries as of publishing.

http://www.engadget.com/2013/07/03/s... ign=Engadget
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