Tag Archive for Samsung

Samsung acquires Israeli startup Boxee

Israeli Startup, one of Israel’s most promising companies which develops streaming media devices and services, fails to recoup the $30 million invested in it.

By , and Reuters

Samsung is buying Israeli start-up Boxee for tens of millions of dollars, but for less than the $30 million that was originally invested in the company.

The Boxee Box, powered by D-Link.

The Boxee Box, powered by D-Link. – Photo: Bloomberg / Haaretz Archive

Several weeks ago, Reuters’ news site VentureBeat reported that the startup, which develops streaming media devices and services, was looking for a buyer after a failed attempt to find new funding. Continue Reading »