Samsung buys Boxee, keeping on full staff

boxeehedimg619pxSeveral Israeli 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 has not yet responded to our inquiries, but we’ll update this post as we learn more.

Read more

Pin It

Leave a Reply

Your email address will not be published. Required fields are marked *