Microsoft (MSFT) confirms its acquisition of home automation/media-sharing software firm R2...

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

Microsoft (MSFT) confirms its acquisition of home automation/media-sharing software firm R2 Studios. In tandem with the deal, Microsoft is naming R2 founder/Sling Media co-founder Blake Kirkorian a VP for its Interactive Entertainment unit, which is responsible for building out the gaming and media content ecosystem for the Xbox and other devices. The move comes as Xbox music/video consumption continues to grow, and Microsoft reportedly works on a media-centric Xbox set-top.  (previous)