Microsoft reportedly acquires streaming tech company R2 Studios

Microsoft is apparently making another move that's related to its upcoming Xbox plans. Today, the Wall Street Journal reports, via unnamed sources, that Microsoft has acquired Id8 Group R2 Studios.

The report states R2 Studios was founded by Blake Krikorian in May 2011. He was also the founder of Sling Media, the company that gave us the Slingbox TV streaming device. The story says that Krikorian and his small startup team will join Microsoft's Xbox unit and that the deal also includes some patents that R2 Studios owns; specific financial terms of the deal were not disclosed.

Microsoft apparently was the winner in the race to acquire R2 Studios with Google and Apple both reportedly also interested in buying the company. So far, R2 Studios' only product is a $99 Android app, R2 Control For Creston. which allows users to remotely control devices such as security systems, lighting and more on an Android smartphone or tablet.

This move could be a signal that Microsoft's next version of the Xbox console will have some kind of expanded remote control features. The company has already launched Xbox SmartGlass apps for Windows 8, iOS and Android device owners for use as a "second screen" experience for some Xbox 360 games and media.

Source: Wall Street Journal | Image via Id8 Group R2 Studios

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12 Comments

If it works with Crestrons, which is is a 100k-million dollar home audio solution hardware, $99 is cheap compared to what the app operates...

so if I understand correctly, this company was focused on home automation? if so, let's hope windows phone is a 1st class citizen and gets an app. there are already a number of home automation apps available for ios, but none on windows phone as far as I know

kidjenius said,
so if I understand correctly, this company was focused on home automation? if so, let's hope windows phone is a 1st class citizen and gets an app. there are already a number of home automation apps available for ios, but none on windows phone as far as I know

Ironically most the university-lead home automation projects use windows yet - none are released or published once the project is finished.

I always find it strange when a company as big as MS need to buy such relatively small and inexperienced companies in order to achieve a goal. I would have thought they could develop something much better.

Why re-invent the wheel when you can buy a company that already has done the hard work? The money they save by buying the company instead of developing from the ground up can be better spent developing it further / expanding into other fields.

Orange Battery said,
I always find it strange when a company as big as MS need to buy such relatively small and inexperienced companies in order to achieve a goal. I would have thought they could develop something much better.

If a company owns a patent that's very relevent and there's no way to go around it, what are you going to do? Let a competitor buy them out or let the company release things, flooding the market and leave you so you can't do anything, or buy them out and control the market?

Orange Battery said,
I always find it strange when a company as big as MS need to buy such relatively small and inexperienced companies in order to achieve a goal. I would have thought they could develop something much better.

I would imagine Microsoft had an idea, but had no way to implement it since that smaller company owned the patent to it. No other way around it but to buy them out if the patent(s) is worth it.

"Microsoft apparently was the winner in the race to acquire R2 Studios with Google and Apple both reportedly also interested in buying the company"

Nice one

Smart. This is the kind of tech that is becomming very important and it also fits in perfectly with Microsoft's focus on mobility. They stil have some catching up to do considering the services Google and Apple bought over the years but I'm interested to see what will come from this. I really like the concept of Xbox as living room entertainment PC and a tablet (With dock) as home office productivity PC.

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