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Boxee sells itself to Samsung at a loss

Jul 09, 2013, 05:00 (0 Talkback[s])
(Other stories by Rick Lehrbaum)

Boxee, the Israeli startup that achieved fame first as the developer of an innovative, free, media-streaming software platform, and later through its partnership with D-Link around the iconic Linux-powered Boxee Box device, has been acquired by Samsung. According to reports by Haaretz and the New York Times, the company???s selling price was less than the $28.5 million it raked in from optimistic investors over the past six years.

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