We are excited about the next chapter for our team.įor Boxee users, we’re working behind the scenes to ensure there’s minimal impact to your devices.
#Boxee samsung software#
Joining Samsung means we will be able to work on products that marry the best hardware and software in the TV space, products that will be used by tens of millions of people and will help to shape the future of TV. We believe that over the next few years the video market will change even more than it has in the past few decades. We started on this journey six years ago, and have been at the forefront of the changing TV and video landscape. We’re pleased to announce that the Boxee team will be joining Samsung. It will continue to support both the Boxee Box and Boxee TV devices for the immediate future, but it will discontinue its Cloud DVR service July 10 - meaning all previously recorded programming will be deleted. While Boxee did say an official statement was due out later this week, it seems that the company has already updated its website with a message. Samsung is also said to use Boxee’s media platform technology to help power its smart TVs. The report indicates that Samsung will keep about 40 Boxee employees - with about half of those employees working from Israel. While Boxee has an office in New York City, the startup still has plenty of ties in Israel. The news of Boxee’s sale to Samsung was first reported by Israel business site The Marker ( Google Translate). And its new Boxee TV/Cloud DVR storage service (for recording live programming from HD broadcast signals or cable TV) also wasn’t a huge hit with consumers despite providing apps to access Netflix, Vudu, Spotify, and others.
The startup attempt to “pivot” away from providing open-source software for desktops and TVs over the last year was ill-received by its biggest supporters. The offer is probably lower than Boxee wanted, as VentureBeat’s sources previously said.īoxee began as a media software company and eventually as a device maker through its partnership with D-Link on the Boxee Box set-top box. If true, Samsung’s $30 million offer would help Boxee investors make their money back. However, the company shifted gears and began looking for a potential buyer in the last few months. We’re reaching out to Samsung for further comment.īoxee was initially looking for a fresh round of funding to add to the $26.5 million it previously raised. The company, however, did not confirm any of the financial details of the deal. We’ll have a formal statement on our website later this week,” a Boxee spokesperson told VentureBeat. “We can confirm that Boxee will be joining Samsung. While Samsung hasn’t made an official announcement about its purchase of Boxee, it’s likely that the Boxee software will make an appearance on the company’s smart TVs. The electronic giant also aims to maintain its lead in TV sales as it develops new apps and ways to control its sets, including an embedded camera - similar to Microsoft’s Kinect - for recognizing hand gestures.Boxee originally started as a company that provided open-source media software for a wide range of devices, and eventually stopped to focus on software for its own hardware.
Samsung is the world’s best-selling maker of smart TVs – screens which offer access to apps, video-on-demand and other internet content without the need for a separate set-top box. “The South Korean electronics giant said it had “acquired key talent and assets” from the company, a spokeswoman for the Suwon, South Korea-based company said.“This will help us continue to improve the overall user experience across our connected devices.”īoxee was among the first companies to offer a product that streams movies and shows from Internet services directly to the TV, it also allows its subscribers record TV shows onto its servers and then stream them to TVs, computers and smart devices “from the cloud”.But as the market for that grew more competitive with the likes of Roku, Apple TV, and Samsung itself entering the fray, Boxee has struggled to make its voice heard – and has grappled to find grip when it expanded into a related arena.īoxee, a Start-up company has been shopping itself around, first trying to scrounge up a new round of funding and then courting outright buyers, according to recent reports.
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