Seeking Alpha

Microsoft (MSFT) has reportedly beat out Apple and Google to acquire R2 Studios, a home...

Microsoft (MSFT) has reportedly beat out Apple and Google to acquire R2 Studios, a home automation/media-sharing startup launched by Sling Media founder Blake Kirkorian. Kirkorian's recent resignation from Amazon's board had heightened M&A speculation. R2 has released a costly Android app for managing home automation systems and has been awarded patents for controlling electronic devices, but has been quiet about its broader plans. Look for Microsoft to bundle R2's tech with the Xbox, Windows 8/RT, and Windows Phone. (previous)
Comments (3)
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    hopefully there is a wunderkind behind Ballmer ...
    2 Jan 2013, 08:22 PM Reply Like
  • Essofa Tchedre-san
    , contributor
    Comments (3) | Send Message
     
    Good article..
    http://seekingalpha.co...
    3 Jan 2013, 01:57 AM Reply Like
  • 2MuchDebt
    , contributor
    Comments (219) | Send Message
     
    I wonder what the purchase price was... If Microsoft beat out Apple and Google on offer price, my guess is a significant premium was paid.
    3 Jan 2013, 10:46 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector