Apple, Google & Microsoft Seek to Acquire Home Control Company

R2 StudiosOn Thursday a consumer company that very few people have heard of cropped up as a potential acquisition for three of the biggest tech companies. Id8 Group R2 Studios is said to be in discussions with Apple,, Google and Microsoft, according to the Wall Street Journal‘s sources. The company’s only product debuted in early 2011. R2 is $99 software for Android devices that lets homeowners remotely control lights, thermostats, home theaters or other devices on a Crestron system. The founder of R2 is no stranger to the living room: it’s Blake Krikorian, the San Francisco-based founder of Slingbox, the set-top box that allowed owners to watch their TV or cable subscription services anywhere in the world. The talks between R2 and the three are said to be “preliminary” and may not go anywhere.

Read the full story at Giga OM.

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Author:

Shelly Palmer

Shelly Palmer is Managing Director, Digital Media Group at Landmark Ventures/ShellyPalmer a technology focused Investment Banking & Advisory practice specializing in M&A, Financings, Strategic Partnerships and Innovation Access. He is Fox 5 New York's On-air Tech Expert and well known for his work on Fox Television's Shelly Palmer Digital Living as well as his daily radio report on United Stations Radio Networks. For more information, visit shellypalmer.com.

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