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Samsung acquires Boxee to add connected TV set-top boxes

The acquisition will help Samsung continue to improve overall user experience across its connected devices

Bloomberg  |  San Francisco 

Samsung Electronics Co, the world's largest television maker, acquired Boxee Inc, a New York-based start-up whose set-top box can record broadcasts and stream online video. Terms weren't disclosed. Boxee makes video-streaming applications for phones and tablets based on Google Inc's Android and Apple Inc's iOS operating systems, in addition to the software that powers its connected TV box. Samsung said closely held Boxee can help it develop internet-enabled devices. "Samsung has acquired key talent and assets from Boxee," a spokeswoman for the Suwon, South ...

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