Well, that was fast. Samsung Electronics, which this week disclosed its acquisition of Internet set-top developer Boxee, plans to discontinue the startup’s cloud-based DVR service next Wednesday, July 10.
In a statement posted on its website, Boxee said users of the Cloud DVR service, which was advertised as providing unlimited recordings for $9.99 per month in nine U.S. markets, would lose access to all their recordings after July 10. “We realize many of you loved the service, and we’re sorry it won’t be available moving forward,” Boxee said.
Samsung reportedly acquired Boxee for about $30 million. New York-based Boxee, founded in 2007, had raised $26.5 million in three rounds of funding.
The Korean consumer-electronics company said it intends to use Boxee’s technology across its portfolio of Internet-connected devices, including smart TVs.
“Joining Samsung means we will be able to work on products that marry the best hardware and software in the TV space, products that will be used by tens of millions of people and will help to shape the future of TV,” Boxee said in its statement.
Boxee has not disclosed how many users had signed up for the Cloud DVR service or bought its broadband-connected set-tops, which were manufactured by D-Link. The startup in 2012 sold fewer than 70,000 of the Boxee Box devices, an estimate that excludes the subsequent Boxee TV set-top launched last fall for the Cloud DVR, according to research firm IHS iSuppli.