Boxee is ready to unveil its acquisition next week, though for less than the startup had hoped for, according to a VentureBeat report citing unnamed sources.
Having initially attempted a new round of funding, Boxee started courting outright buyers over the last few months, which yielded only a few offers, according to the report.
A Boxee spokeswoman declined to comment.
Boxee was among the first companies to offer a product that streams movies and shows from Internet services directly to the TV, but the company has grappled to find purchase in a competitive market for its original vision and in the adjacent realms where it expanded.
As it broadened itself away from open-source software, it turned to services like. But the set-top box market has grown rife with competitors like Roku, and cable and satellite TV companies have their own DVR services.