It's official. Microsoft has purchased ID8 Group R2 Studios, the home automation startup, for an undisclosed amount.
The Wall Street Journal reported last week that Microsoft had beat Google and Apple to the punch in the quest to buy R2 Studios. But it wasn't until Microsoft issued the confirmation today that the 'Softies confirmed the deal was done.
R2 Studios founder Blake Krikorian will be corporate vice president of Microsoft's Interactive Entertainment Business (IEB), which is the home of the Xbox. Krikorian will report to Marc Whitten, chief product officer for IEB, Microsoft said. Krikorian was the … Read more