Microsoft buys R2 Studios startup to boost Xbox
Word has it that Microsoft was able to get ahead of Apple and Google and buy the home entertainment technology startup R2 Studios, according to the Wall Street Journal. This acquisition will most likely help amplify Microsoft's Xbox platform.
R2 Studios was created by Sling Media founder Blake Krikorian in May 2011. Sling Media developed Slingbox, which let users watch television on their computers. According to the Wall Street Journal, R2 Studios has been working on ways to display content on televisions, which could coordinate with Xbox's focus of adding TV entertainment to its gaming console.
Before R2 … Read more
