Earlier this week, set top box maker Boxee was acquired by Samsung in a deal worth approximately $30 million. The Korean company will retain all 45 Boxee employees as well as hold the rights to Boxee assets. Samsung plans to put the Boxee team to work on improving the user experience of its own Smart TVs. Unfortunately for Boxee users, the company announced on its website yesterday that it will be discontinuing its Cloud DVR service on July 10th.
Samsung's new "key talent and assets" from Boxee will work on improving the software used in Samsung's internet-connected Smart TVs. Smart TVs have become rather common, but much like the built-in 3D features, consumers may have a TV with Internet connected functionality but many do not utilize these features. The Boxee team will work on improving the interface, and hopefully with Sasmsung's muscle behind the team it will be able to offer enticing media functionality without running into rights issues with the big media companies, which Boxee has run into in the past.
Other than the brief announcement from Boxee and a couple of short quotes from Samsung to the BBC, details on the deal, the Boxee team's future involvement and road map on Boxee-inspired software are scarce. On one hand it is sad to see a small startup being bought out. On the other hand, it seems like it really takes a big company with lots of resources to make inroads into the living room, especially where TV and video is concerned due to media companies and cable companies (and in Comcast's case, both) fighting vigorously against these Internet streaming boxes. Hopefully Samsung realizes what it has and takes advantage of its new talent to make its Smart TVs better! In the meantime, there is always Roku to look to for alternative streaming boxes or XBMC and WMC for fully-fledged home theater PCs.
What do you think about the Boxee acquisition and the future of so-called "Smart TVs?"