Microsoft buys media-streaming, home automation tech for Xbox

[Administrator]

Microsoft has bought promising startup R2 Studios, which has previously worked on media-streaming and space-age home automation technology.
The freshly-inked deal will see R2 Studios' patents put to work in Microsoft's Xbox division, Wall Street Journal reports.
Microsoft did not disclose how much it paid for R2 Studios, although the report states that technology rivals Google and Apple were also courting the company.
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