Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Technology News

 

Boxee Acquired by Samsung, Discontinuing Beta Cloud DVR on July 10

Samsung acquires Boxee for a reported $30M amount on Wednesday. This acquisition deal is officially confirmed by both companies. Boxee is shutting down its beta Cloud DVR service for Boxee TV users on 10th July.

1 Updates
Boxee Acquired by Samsung, Discontinuing Beta Cloud DVR on July 10
 
 

YouTube Videos Comments

Full Story

Boxee Acquired by Samsung, Discontinuing Beta Cloud DVR on July 10

Boxee Acquired by Samsung, Discontinuing Beta Cloud DVR on July 10

It is now confirmed that Samsung has acquired streaming start up Boxee on this Wednesday. This acquisition deal is reportedly done in $30M. But a Samsung spokeswoman confirmed only the acquisition and not the amount of it. In a statement to The New York Times, spokesperson said, “Samsung has acquired key talent and assets from Boxee. This will help us continue to improve the overall user experience across our connected devices.”

Boxee has officially announced to join Samsung via a statement on its landing page. Boxee was started 6 years ago to offer viewers watch any type of digital video using their software. But later on, the company starts manufacturing its own TV set to boxes called Boxee Box running on its own software. This streaming start up has remained the top choice at world's biggest tech trade event, Consumer Electronics Show. 

Boxee confirmed acquisition in words, "We’re pleased to announce that the Boxee team will be joining Samsung." But this acquisition will impact its services like Boxee Box and Boxee apps etc. But main thing is the shutdown of Boxee Beta Cloud DVR service. The company states, "For Boxee users, we’re working behind the scenes to ensure there’s minimal impact to your devices. However, the beta Cloud DVR functionality we provided to certain Boxee TV users will be discontinued on July 10th. You will not have access to your existing recordings after that date. We realize many of you loved the service, and we’re sorry it won’t be available moving forward."

 

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

Comments

blog comments powered by Disqus

Latest stories

Apple iPhone 6 Display Delay creates New Hurdles
Apple iPhone 6 Display Delay creates New Hurdles
Display screen delay and related problems in the Apple iPhone 6 has created new hurdles for the suppliers of the company.
 
 
Iggy Azalea is an Asset for the Regular Music Circuit
Iggy Azalea is an Asset for the Regular Music Circuit
The Aussie, Iggy Azalea has become an asset for the regular music circuit. She will furthermore be a headliner for the SLS party which is to take place in Las Vegas, Nevada.
 
 
Lauryn Hill dedicates her Song Black Rage to Ferguson Citizens
Lauryn Hill dedicates her Song Black Rage to Ferguson Citizens
The Fugees singer, Lauryn Hill has dedicated her song Black Rage to the citizens of Ferguson, Missouri.
 
 
Digital Textbooks are the Best Things since PDAs
Digital Textbooks are the Best Things since PDAs
The devices known as digital textbooks are the best things since PDAs (personal digital assistants). They are the supplement to teachers and teaching.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.