South Korean electronics giant Samsung has purchased Boxee, the startup confirmed to CNET on Wednesday.
"Samsung has acquired key talent and assets from Boxee," a spokeswoman for Samsung said. "This will help us continue to improve the overall user experience across our connected devices." Earlier, TechCrunch reported the acquisition at a price of about $30 million, citing unnamed sources. That followed reports from Israeli media about a deal.
Boxee had been shopping itself around, first trying to scrounge up a new round of funding and then courting outright buyers, according to recent reports.
Boxee was among … Read more