Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
GET RECOGNIZED.
Let an ISACA® certification
elevate your career.

Register today and save
Personal Tech
DDoS Protection Powered By Verisign
Average Rating:
Rate this article:  
Samsung Reportedly Acquires Set-Top Box Maker Boxee

Samsung Reportedly Acquires Set-Top Box Maker Boxee
By Jennifer LeClaire

Share
Share on Facebook Share on Twitter Share on Linkedin Share on Google Plus

The set-top box market is ready for take-off. Although Infonetics Research reports fewer than 3 million video gateways were sold in 2012, that number is expected to climb to about 33 million units by 2017. The firm predicts the market will see strong double- and triple-digit annual growth in media player shipments every year at least through then.
 


Samsung has purchased set-top box maker Boxee for about $30 million. Samsung has not issued a formal announcement about the reported acquisition.

Boxee lets you stream broadcast TV channels to any device and offers unlimited recording space in the cloud. That means you can record as many TV shows as you want and watch it wherever and whenever you want. All you need is an HD antenna and a broadband Internet connection.

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

Why Boxee?

For analysis on the buy, we turned to Rob Enderle, principal analyst at the Enderle Group. He told us the acquisition makes sense considering Samsung's strong focus on competing with Apple. Of course, by entering the streaming-media market, Samsung also throws its hat into a ring already containing Intel, Google and Microsoft.

"This is going to be a hard-fought area," Enderle said. For its part, Boxee is competing against the likes of Roku. Boxee offers two main products: Boxee DVR (a cloud DVR product) and Boxee Live TV. Boxee works with Netflix, YouTube, Pandora, Vimeo, Spotify, MLB.TV and other apps, translating content to the television.

But why did Samsung choose Boxee? And was it the right choice?

"Samsung needs core to build from. You could argue that Boxee needs some extra funding to grow," Enderle said. "The smaller and simpler the company, the easier it is to purchase and keep together. The larger and more complex the company, the harder it is to pull off. We are talking about a Korean company to begin with, so it's not going to be an easy path. But this product is a portable. They can build on it and they are less likely to break it."

Set for Takeoff

The set-top box (STB) market is ready for take-off. Although Infonetics Research reports fewer than 3 million video gateways were sold in 2012, that number is expected to climb to about 33 million units by 2017. The firm predicts the market will see strong double- and triple-digit annual growth in media player shipments every year at least through then.

"Contrary to popular opinion, the set-top box market is alive and well," says Julien Blin, directing analyst for consumer electronics and mobile broadband at Infonetics. "STB revenue grew almost 10 percent in 2012, a considerable rebound from a year ago, and will remain healthy in the near term as operators in China, India and Latin America add digital services."

What's holding back the market? Enderle pointed to content licensing and rights as a major culprit. But he believes the industry is about to see a breakthrough in that area.

"Intel has an antitrust suit against the big cable companies and it's very likely since they are expert at this that they will break that open, and if they do everybody benefits," he said.
 

Tell Us What You Think
Comment:

Name:



Salesforce.com is the market and technology leader in Software-as-a-Service. Its award-winning CRM solution helps 82,400 customers worldwide manage and share business information over the Internet. Experience CRM success. Click here for a FREE 30-day trial.


 Personal Tech
1.   Best Buy Leaks Moto 360 Watch Info
2.   BioBattery Tattoo May Power a Phone
3.   Call of Duty Takes Giant Leap Forward


advertisement
New App To Manage Time Better
Helping to organize your busy life.
Average Rating:
OkCupid Experiments with Daters
Unethical without user consent?
Average Rating:
Call of Duty Takes Giant Leap Forward
With virtual booty and all new tactics.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Chinese Hackers Nab Info on Millions of U.S. Patients
A group of Chinese hackers has stolen the personal information, including names and Social Security numbers, of about 4.5 million patients at hospitals operated by Community Health Systems.
 
Premier FBI Cybersquad in U.S. To Add Agents
After helping prosecutors charge Chinese army officials with stealing trade secrets from major companies and by snaring a Russian-led hacking ring, the premier FBI cyber-squad is getting a boost.
 
Apple Opens iCloud Data Center in China
Treading lightly, Apple acknowledged it has started to store encrypted iCloud personal data of some Chinese users on servers in mainland China, operated by the state-owned China Telecom.
 

Enterprise Hardware Spotlight
Compression, Deduplication Come to Violin Concerto 2200
Violin Memory has announced that data deduplication and compression capabilities are now available on its Concerto 2200 solution. Typically, users will experience deduplication rates between 6:1 and 10:1.
 
Cisco Axes 6,000 Employees in Restructuring Plan
Faced with declining profits, Cisco is laying off up to 6,000 employees in the months ahead -- a whopping 8 percent of its global workforce. That's in addition to the 4,000 jobs Cisco cut last year.
 
Web Slows, Have Internet Routers Reached The Limit?
If you encountered problems connecting to the Internet on August 12, you weren't alone. Networking experts blame the wide-scale slowdown on outdated routing systems that are reaching their limits.
 

Mobile Technology Spotlight
HTC Debuts Windows Phone Version of One M8 Smartphone
HTC is bringing the Windows Phone mobile OS to its flagship One M8 device -- the first time any mainstream flagship smartphone has been offered with a choice of operating systems.
 
Verizon Earns Top Rating in Mobile Network Comparison
A new report says Verizon Wireless was the top-performing U.S. cellphone service provider in the first half of 2014, on a nationwide and state-by-state basis, as well as in metro areas.
 
Sprint Comes Out with Data Guns Blazing
As its new CEO promised, Sprint has rolled out a new aggressively competitive price plan. The shared data plans promise twice the high-speed data and at lower prices than AT&T and Verizon Wireless.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.