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Microsoft reportedly acquires home automation startup R2 Studios for Xbox team

Microsoft buys R2 Studios, Xbox home automation the future?

By Charles Gantt on Jan 3, 2013 10:39 am CST - 0 mins, 40 secs reading time

R2 Studions, a company founded by the guys who brought us the Slingbox has been shopping around for acquisition offers for some time now. Early reports mentioned Google and Apple as buyers, but it looks like Microsoft has beaten them to the punch.

Microsoft reportedly acquires home automation startup R2 Studios for Xbox team | TweakTown.com

The Wall Street Journal has reported that Microsoft has closed the deal and is now the new owners of R2 Studios. The acquisition comes just a week after R2 founder Blake Krikorian stepped down from his position on Amazon's board of directors.

The sale price was undisclosed but reports are coming in that Microsoft acquired several patents that cover controlling electronic devices. R2 has been working on different ways to distribute content on TVs which lines up nicely with Redmond's plans to make the Xbox the center of your media experience.

Charles Gantt

ABOUT THE AUTHOR - Charles Gantt

A web developer by day, Charles comes to TweakTown after a short break from the Tech Journalism world. Formerly the Editor in Chief at TheBestCaseScenario, he now writes Maker and DIY content. Charles is a self proclaimed Maker of Things and is a major supporter of the Maker movement. In his free time, Charles likes to build just about anything, with past projects ranging from custom PC cooling control systems to 3D printers. Other expensive addictions include Photography, Astronomy and Home Automation.

NEWS SOURCE:theverge.com

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