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Microsoft acquires home and entertainment technology startup

Microsoft have acquired home and entertainment technology startup id8 Group R2 Studios Inc in a bid to strengthen and grow its portfolio of home and entertainment based solutions.

Started in 2011 by well-known entrepreneur and investor Blake Krikorian, id8 Group R2 Studios recently launched a Google Android application to allow users to control home heating and lighting systems from smartphones.

Krikorian was also a member of the board at Amazon.com, from which he resigned from in late December 2012. He served on the board of the Internet’s largest retailer for about a year-and-a-half as a director at the company.

As part of the acquisition, it is reported that Krikorian will join the US-based software global giant along with a small team, reports Reuters.

Wall Street Journal newspaper also report that Microsoft purchased some patents owned by the startup related to controlling electronic devices.

Posted in: Internet

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