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 Inbal Orpaz, Orr Hirschauge 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. – 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 »
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