Microsoft Wins Out Over Apple And Google, Acquires Home Entertainment And Automation Company R2 Studios

Late last year, it was reported that Microsoft, Apple and Google were all speaking to id8 Group R2 Studios Inc. about a potential acquisition of the startup, and now the Wall Street Journal is reporting that Microsoft has indeed sealed the deal. R2 is a home automation and entertainment media startup, founded by Blake Krikorian, former founder of Sling Media. Microsoft hopes to use the startup's resources, tech and personnel to enhance its Xbox division.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/4FWCxm8v_oU/

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