Microsoft Corp. acquired a home-entertainment technology startup, id8 Group R2 Studios, as the software giant’s Xbox division works to strengthen its entertainment offerings.
The Wall Street Journal reported Microsoft had acquired R2 Studios, .nd that Mr. Krikorian was joining Microsoft.
Marc Whitten, chief product officer for Microsoft’s interactive entertainment business, said in a statement, “We look forward to contribution to our team as Xbox continues to evolve and transform the games and entertainment landscape.”
Microsoft has transformed the 11-year-old Xbox from just a videogame machine into a multipurpose hub for entertainment delivered over the Internet.
In May 2011, R2 Studios has been working on technology related to distributing and displaying digital media on TVs.