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Samsung acquires Boxee Featured

Boxee, a pioneering video streaming company, has been acquired by Samsung, which will use it to compete in the growing Internet TV market.

Media streaming startup Boxee has been acquired by Samsung for an undisclosed amount (Wikipedia says around US$30 million). Its best known product is the Boxee Box, which was released in 2010. It is one of first of the new breed of media centre set-top boxes popularised by the Apple TV.

It won five awards at the 2010 Consumer Electronics Show in Las Vegas, including Best Home Entertainment. The Boxee Box was co-developed by Chinese company D-Link, which manufactures it. It has been available in Australia for most of that time, through OfficeWorks and some other retailers. The Box is a smart looking device, a black cube that sits at an odd angle. It has a nifty little mini keyboard.

Oddly, Samsung has made no announcement about the acquisition, but has confirmed it to The New York Times. The news was announced in a simple statement on Boxee’s website:

We’re pleased to announce that the Boxee team will be joining Samsung. We started on this journey six years ago, and have been at the forefront of the changing TV and video landscape. We believe that over the next few years the video market will change even more than it has in the past few decades.

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.

Graeme Philipson owns a Boxee Box. Go to the next page to see what he thinks of it

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Graeme Philipson

Graeme Philipson is senior associate editor at iTWire and editor of sister publication CommsWire. He is also founder and Research Director of Connection Research, a market research and analysis firm specialising in the convergence of sustainable, digital and environmental technologies. He has been in the high tech industry for more than 30 years, most of that time as a market researcher, analyst and journalist. He was founding editor of MIS magazine, and is a former editor of Computerworld Australia. He was a research director for Gartner Asia Pacific and research manager for the Yankee Group Australia. He was a long time IT columnist in The Age and The Sydney Morning Herald, and is a recipient of the Kester Award for lifetime achievement in IT journalism.

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