or Connect
AppleInsider › Forums › Mobile › iPod + iTunes + AppleTV › Samsung buys Apple TV competitor Boxee for $30 million
New Posts  All Forums:Forum Nav:

Samsung buys Apple TV competitor Boxee for $30 million

post #1 of 58
Thread Starter 
Samsung may be looking to take its rivalry with Apple to another level, as a new report has the South Korean tech giant buying streaming media startup Boxee in a move that will bring it into even more direct competition with the Apple TV.

boxeeeeeeeee
Image via Calcalist.


Boxee produces a set-top box that streams media to TVs and other devices, and Samsung has reportedly purchased the small Israeli startup for about $30 million, The Marker reported on Wednesday. Samsung will continue to employ Boxee's 40 employees, according to the report.

A follow-up report from The New York Times confirmed The Marker's initial report, with Samsung affirming that it has indeed acquired assets and talent from Boxee. The degree to which Boxee will be brought into Samsung's operations is unclear from statements company representatives have made.

"Samsung has acquired key talent and assets from Boxee," a spokeswoman told the Times. "This will help us continue to improve the overall user experience across our connected devices.

Boxee has raised $28.5 million in funding as a startup, and the company was said to be looking for an additional $30 million before it decided to try for an outright acquisition.

Samsung already has a number of devices that perform similarly to Boxee's technology, but the talent and tech acquisition could be aimed at helping the South Korean company develop better options to compete with Apple's Apple TV set-top box. Apple has sold millions of units of the diminutive content streamer, while Samsung's existing efforts have comparatively fizzled.

In addition to its HomeSync and other set-top devices, the company produces a range of Smart TV options that hit many price and capability points. Samsung could also integrate Boxee's technology into the functions of those devices in order to better their capabilities.

Samsung could also be working on a shortened calendar with regard to how it can counter what many think is an imminent larger move by Apple into the television segment. While the Cupertino company has long insisted that the Apple TV was a hobby, the firm is largely expected to either be working on a full-fledged television or a vastly upgraded set-top unit with a much wider range of abilities. To that end, Apple is said to be working with Time Warner to secure a content deal that could be announced in the coming months.
post #2 of 58

Samsung need a "hobby" too.

post #3 of 58
Intriguing.
Double, double toil and trouble;
Fire burn, and caldron bubble.
This caldron is getting steamier.

When I find time to rewrite the laws of Physics, there'll Finally be some changes made round here!

I am not crazy! Three out of five court appointed psychiatrists said so.

Reply

When I find time to rewrite the laws of Physics, there'll Finally be some changes made round here!

I am not crazy! Three out of five court appointed psychiatrists said so.

Reply
post #4 of 58
How many AppleTV's are running Boxee?
Answer: most
post #5 of 58
I thought Samsung had hobbies like stealing intellectual property.
post #6 of 58
"Connected devices"? 1rolleyes.gif

Like flinging s*** on the wall, blindfolded, hoping for logical connexions.

When I find time to rewrite the laws of Physics, there'll Finally be some changes made round here!

I am not crazy! Three out of five court appointed psychiatrists said so.

Reply

When I find time to rewrite the laws of Physics, there'll Finally be some changes made round here!

I am not crazy! Three out of five court appointed psychiatrists said so.

Reply
post #7 of 58

Wierd. Boxee is based on an old XBMC source, they took the open source code and build on it. This thing is mostly used by HTPC fans, just like some people hack the Apple TV to run the current XBMC open source projet. I think you can even run Boxee on the Apple TV.

 

They must want the brains indeed, because the product is just another XBMC version. Most of the people with this thing are using pirated bittorrents content or streaming pirated TV channels.

post #8 of 58
They raised $28.5M and sold for $30? That doesn't sounds like a big win for anyone with equity.
post #9 of 58
Quote:
Originally Posted by rain View Post

How many AppleTV's are running Boxee?
Answer: most

If your definition of "most" is "probably less than 5%" then I agree with your guess.

post #10 of 58
Quote:
Originally Posted by ifij775 View Post

They raised $28.5M and sold for $30? That doesn't sounds like a big win for anyone with equity.

Agreed.  They must have gotten tired of waiting for Google to offer $3B.

post #11 of 58
Quote:
Originally Posted by rain View Post

How many AppleTV's are running Boxee?
Answer: most

 

not sure where you got that information..

post #12 of 58
Quote:
Originally Posted by superjunaid View Post

 

not sure where you got that information..

 

If we are talking about the ATV2, he may actually be right.

post #13 of 58
I was just on their site and it's currently like a Slingbox but it also has a cloud DVR with unlimited (let's see how long that lasts) storage. There's a iOS app and one for Android. Won't be surprised if those apps get pulled and it becomes a Samsung device only app.
post #14 of 58
Quote:
Originally Posted by herbapou View Post

 

If we are talking about the ATV2, he may actually be right.

I could never get on with boxee but I run xbmc on my jailbroken ATV2 all the time as I've got a couple of hundred ripped DVDs (with the physical DVDs in a box in my loft) sat on my ReadyNAS and served up via UPNP.... 

 

still holding out hope for an ATV3 jailbreak at some point, but definitely not holding my breath this long after release.

post #15 of 58
Google's biggest competitor is Samsung. They apparently don't know it yet.
post #16 of 58

I guess paying $30m was cheaper than just buying the copy machines for Samsung.

post #17 of 58
Apple's history of starting as a small business and growing into a big corporation seems quaint in today's tech world. Now it's create a little product and sell the company to the highest bidder ASAP.
A.k.a. AppleHead on other forums.
Reply
A.k.a. AppleHead on other forums.
Reply
post #18 of 58
Quote:
Originally Posted by herbapou View Post

 

If we are talking about the ATV2, he may actually be right.

 

I didn't think Boxee ran on the black ATVs, just XBMC (on jailbroken ATV2s). I have it running on my ATV1 and love it (XBMC has a lot of capability, obviously as Boxee is built on top of it, but while XBMC has very pretty menus, Boxee's interface is much better).

 

Say what you will about Samsung, I honestly don't think Boxee would have remained particularly competitive in the long run. In early days I think there were folks running Boxee on their HTPCs, Mac Minis, and first generation AppleTVs, but how many people bought their (Logitech-made) Box? Honestly I had some interest in it when it came out (and after Boxee dropped support and development for everything else), but once I installed Plex on my Roku I was pretty happy.

post #19 of 58
Quote:
Originally Posted by herbapou View Post

 

If we are talking about the ATV2, he may actually be right.

Well, it's more of a guess.

Out of the 15+ people I know with Apple TV's - every single one of them jailbroken and running Boxee or XBMC.

I have people asking me all the time if I know how to do that for them as well.

 

Apple's love affair with restrictions, DRM, and tech nerfing - render the ATV almost useless out of the box.

I understand why they do it... but man, imagine if you took it out of the box and it just worked... with everything.

post #20 of 58
Quote:
Originally Posted by rain View Post

Well, it's more of a guess.

Out of the 15+ people I know with Apple TV's - every single one of them jailbroken and running Boxee or XBMC.

I have people asking me all the time if I know how to do that for them as well.

 

Apple's love affair with restrictions, DRM, and tech nerfing - render the ATV almost useless out of the box.

I understand why they do it... but man, imagine if you took it out of the box and it just worked... with everything.

 

If all of your friends are doing something, then it's probably safe to assume that most of the entire world is doing it, too.

post #21 of 58
Quote:
Originally Posted by rain View Post

Apple's love affair with restrictions, DRM, and tech nerfing - render the ATV almost useless out of the box.

I understand why they do it... but man, imagine if you took it out of the box and it just worked... with everything.

 

Oh I dunno - for what it's designed for, I think it works great. I admit I use my Roku+Plex more often these days, but I still love my first-gen AppleTV. I have loads of iTunes content, and for playing music it's got (by far) the best interface out there and the iOS remote app is a great way to drive it.

post #22 of 58
Well this will be a waste if 30mil when Appke moves on and transforms the TV market.
post #23 of 58
Quote:
Originally Posted by rain View Post

Well, it's more of a guess.

Out of the 15+ people I know with Apple TV's - every single one of them jailbroken and running Boxee or XBMC.

I have people asking me all the time if I know how to do that for them as well.

 

Apple's love affair with restrictions, DRM, and tech nerfing - render the ATV almost useless out of the box.

I understand why they do it... but man, imagine if you took it out of the box and it just worked... with everything.

I used iTunes to rip/encode all my CDs to ALAC. I just run all my DVDs and BRs through Handbrake and drop them into iTunes. Once the initial rips are completed, you can just queue up the encodes in HB and let 'em go. Imho, much better to have the smaller encoded files than the full rips, especially as your library grows.

post #24 of 58
Quote:
Originally Posted by ifij775 View Post

They raised $28.5M and sold for $30? That doesn't sounds like a big win for anyone with equity.

It gets worse. AI have reported the story wrong - $30mil was the asking price. Indications are that Samsung paid below this figure and that they owners made a loss.
post #25 of 58
I didn't know anyone was still using Boxee. Most I have heard are using Plex or XMBC in their jail broken ATV2s.
post #26 of 58
Well, Boxee has a lot of content, especially the FREE kind, that Apple TV should have had YEARS AGO!

Smart move Samsung, and Apple may get a run for its money. Too bad Boxee sold out though.

On the flipside, Boxee is just a glorified XBMC and is based on it with some extras bolted-on, so it is NOT THAT SPECIAL...
post #27 of 58
Holy embarrassment Batman.
Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
Reply
Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
Reply
post #28 of 58
Quote:
Originally Posted by DaveMcM76 View Post

I could never get on with boxee but I run xbmc on my jailbroken ATV2 all the time as I've got a couple of hundred ripped DVDs (with the physical DVDs in a box in my loft) sat on my ReadyNAS and served up via UPNP.... 

 

still holding out hope for an ATV3 jailbreak at some point, but definitely not holding my breath this long after release.

 

I rip all of my DvD and BR too, but I converted them to .m4v files with handbrakes. I used Identify to get the metadata then I dragged everything into itunes. So no need to used XBMC in my case.

post #29 of 58
Quote:
Originally Posted by DaveMcM76 View Post

but I run xbmc on my jailbroken ATV2 all the time as I've got a couple of hundred ripped DVDs
You mean you run xbmc because you like it, not because you need it for ripped DVDs.
post #30 of 58
Quote:
Originally Posted by jkichline View Post

I thought Samsung had hobbies like stealing intellectual property.

Don't worry... Boxee is good at stealing.  They stole the software for the Boxee Box and then illegally blocked users from using it the way the GPL requires.  They admitted it too... and then said, "we wanted money" as their excuse.

 

The details are at http://www.infinityoverzero.com/bbox/

 

There was no resolution to this issue and now everybody's BBox is (still) a useless hunk of garbage, solely at the will of the company to steal and keep what they stole.

post #31 of 58
Quote:
Originally Posted by ifij775 View Post

They raised $28.5M and sold for $30? That doesn't sounds like a big win for anyone with equity.

 

Sounds like they burnt through their investment rounds and were nowhere near an inevitable IPO, sold they paid of their investors and washed their hands of the project.

post #32 of 58
Quote:
Originally Posted by Robin Huber View Post

Apple's history of starting as a small business and growing into a big corporation seems quaint in today's tech world. Now it's create a little product and sell the company to the highest bidder ASAP.

There's still Facebook.

"Apple should pull the plug on the iPhone."

John C. Dvorak, 2007
Reply

"Apple should pull the plug on the iPhone."

John C. Dvorak, 2007
Reply
post #33 of 58
This sounds like they did not want more competition and wanted a easy way for set top box designs.
post #34 of 58
Quote:
Originally Posted by Chris_CA View Post

You mean you run xbmc because you like it, not because you need it for ripped DVDs.

I could in theory have put the ripped DVDs into my iTunes library on my Mac mini so I could watch them onto the Apple TV using home sharing but my readynas has a lot more space on it (4x 2Tb vs 500Gb) so to watch them from the readynas I need a upnp capable client on the atv and xbmc is my client of choice...

Also my readynas is always switched on and available on the network where my Mac mini isn't so the convenience of having them instantly available all the time without having to go upstairs, turn on the mac and wait for it to boot and iTunes to load bore being able to watch was another reason for putting them on the nas rather than the mac.
Edited by DaveMcM76 - 7/4/13 at 1:21am
post #35 of 58
Quote:
Originally Posted by DaveMcM76 View Post


I could in theory have put the ripped DVDs into my iTunes library on my Mac mini so I could watch them onto the Apple TV

It works in reality, not only theory.

 

Quote:
Also my readynas is always switched on and available on the network where my Mac mini isn't

and this is because you choose to do it this way, not because you cannot. My Mac mini is on all the time and ready to watch my RIP'd DVDs thru the AppleTV.

 

Quote:
being able to watch was another reason for putting them on the nas rather than the mac.

Set the iTunes library on the NAS, leave the Mac mini on and that's all you need to do.

Again, you use xbmc because you want to, not because you can't do it the "regular" iTunes way


Edited by Chris_CA - 7/4/13 at 1:51pm
post #36 of 58
The million part got cut off when I was reading....i thought Samsung picked up a Boxee for $30. And was going to steal everything and make their own copy.
post #37 of 58
Quote:
Originally Posted by DaveMcM76 View Post

[...] to watch them from the readynas I need a upnp capable client

 

Why? All my rips are on a separate drive and iTunes plays them just fine. Just drag 'em in to iTunes from whatever device they're on.

post #38 of 58
Watch, Samsung will make their own tiny, rounded square box and sue Apple for patent infringement. 1mad.gif1oyvey.gif





This idiocy makes me furious.
Quote:
Originally Posted by rain View Post

How many AppleTV's are running Boxee?
Answer: most

How many lies has rain told? Answer: All of them 1rolleyes.gif

Originally Posted by Marvin

The only thing more insecure than Android’s OS is its userbase.
Reply

Originally Posted by Marvin

The only thing more insecure than Android’s OS is its userbase.
Reply
post #39 of 58

Nooooooooooooooooooooooooooooooo, not Boxee. I love my Boxee, why couldn't someone else buy them. I'm so sad right now.

When I looked up "Ninjas" in Thesaurus.com, it said "Ninja's can't be found" Well played Ninjas, well played.
Reply
When I looked up "Ninjas" in Thesaurus.com, it said "Ninja's can't be found" Well played Ninjas, well played.
Reply
post #40 of 58
Quote:
Originally Posted by Tallest Skil View Post

Watch, Samsung will make their own tiny, rounded square box and sue Apple for patent infringement. 1mad.gif1oyvey.gif

This idiocy makes me furious.

Those are pictures of rokus and not boxee.

This idiocy makes me amused. Same old, same old. For you to castigate rain for lying in the same post you mislead with these unrelated images is classic.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: iPod + iTunes + AppleTV
AppleInsider › Forums › Mobile › iPod + iTunes + AppleTV › Samsung buys Apple TV competitor Boxee for $30 million