Wednesday, January 2, 2013

Reuters: Technology News: Microsoft acquires start-up id8: source

Posted by Isabella on 5:27 PM

Reuters: Technology News
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Microsoft acquires start-up id8: source
Jan 3rd 2013, 00:30

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The interior of a Microsoft retail store is seen in San Diego January 18, 2012. REUTERS/Mike Blake

The interior of a Microsoft retail store is seen in San Diego January 18, 2012.

Credit: Reuters/Mike Blake

By Alistair Barr

SAN FRANCISCO | Wed Jan 2, 2013 7:30pm EST

SAN FRANCISCO (Reuters) - Microsoft Corp bought start-up id8 Group R2 Studios Inc as it looks to expand further in technology focused on the home and entertainment, a person familiar with the situation said on Wednesday.

id8 Group R2 Studios was started in 2011 by Silicon Valley entrepreneur and investor Blake Krikorian. It recently launched a Google Android application to allow users to control home heating and lighting systems from smartphones.

Krikorian's Sling Media - which was sold to EchoStar Communications in 2007 - made the "Slingbox" for watching TV on computers.

Krikorian will join Microsoft with a small team, according to the Wall Street Journal, which reported the acquisition earlier on Wednesday. Microsoft also purchased some patents owned by the start-up related to controlling electronic devices, the newspaper added.

Krikorian and a Microsoft spokesman declined to comment.

Krikorian resigned from Amazon.com Inc's board in late December after about a year and a half as a director at the company, the Internet's largest retailer.

(Reporting By Alistair Barr; Editing by Steve Orlofsky)

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