It is not clear how much Samsung paid for the outfit, but it appears to have cost about $30 million. If this is correct that is not good news for Boxee which had managed to raise $26.5 million over the fast few years. The brings the entire Boxee team of around 45 people to work under Samsung’s roof. Word on the street was that Boxee might have had a few problems creating a sustainable business based on streaming hardware after starting out as a provider of media centre software.
It is fairly likely that Boxee will become an integrated part of Samsung TVs. It is not clear what will happen to the standalone Boxee line.