Boxee is set to reveal its acquisition next week, VentureBeat reports, but the price is said to be less than funds-seeking startup would have liked. June 14, 2013 7:33 AM PDT (Credit: Boxee) Boxee is set to unveil its acquisition next week for less than the start-up had hoped, according to a VentureBeat report citing unnamed sources. Related stories Boxee CEO dishes on Aereo, Apple and talks up cloud DVR Boxee set to battle Apple TV, Roku Wal-Mart to start selling Boxee TV set-top box iPad Mini steals Surface presale thunder Boxee readying new set-top box with DVR support? Having initially attempted a new round of funding, Boxee started courting outright buyers over the last few months, which yielded only a few offers, according to the report, A Boxee spokeswoman declined to comment. Boxee was among the first companies to offer a product that streams movies and shows from Internet services directly to the TV, but the company has grappled to find purchase in a competitive market for its original vision and in the adjacent realms where it expanded. As it broadened itself away from open-source software, it turned to services like cloud-based DVR. But the set-top box market has grown rife with competitors like Roku, and cable and satellite TV companies have their own DVR services.
Boxee is set to reveal its acquisition next week, VentureBeat reports, but the price is said to be less than funds-seeking startup would have liked.
Boxee is set to unveil its acquisition next week for less than the start-up had hoped, according to a VentureBeat report citing unnamed sources.
Related stories
- Boxee CEO dishes on Aereo, Apple and talks up cloud DVR
- Boxee set to battle Apple TV, Roku
- Wal-Mart to start selling Boxee TV set-top box
- iPad Mini steals Surface presale thunder
- Boxee readying new set-top box with DVR support?
Having initially attempted a new round of funding, Boxee started courting outright buyers over the last few months, which yielded only a few offers, according to the report,
A Boxee spokeswoman declined to comment.
Boxee was among the first companies to offer a product that streams movies and shows from Internet services directly to the TV, but the company has grappled to find purchase in a competitive market for its original vision and in the adjacent realms where it expanded.
As it broadened itself away from open-source software, it turned to services like cloud-based DVR. But the set-top box market has grown rife with competitors like Roku, and cable and satellite TV companies have their own DVR services.
