Samsung Confirms It Has Acquired Boxee

Samsung has acquired Boxee, a streaming media startup that develops set top boxes, the company confirmed Wednesday.

“Samsung has acquired key talent and assets from Boxee,” a Samsung rep told Mashable in a statement. “This will help us continue to improve the overall user experience across our connected devices.”

SEE ALSO: Boxee TV Brings Live TV, DVR and Netflix in One Box

The Marker , an Israeli business publication, originally reported Wednesday that Boxee had been acquired for $30 millionCalcalist, another Israeli outlet, confirmed the news and noted that Samsung would keep Boxee's staff employed. Read more...

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