Chinese e-commerce company Alibaba has invested $10 million in the Android-based Ouya microconsole. According to a report on the Wall Street Journal, Alibaba has partnered with Ouya Inc. to discuss a plan that will incorporate the Ouya's software into Alibaba's own "set top-box."
Private equity firm KKR has led an investment of $90 million in Savant Home Automation, acquiring about 35 percent of the company and valuing it at $215 million, the Wall Street Journal reported Tuesday night.
Roku's claim as the No. 1 streaming media player July 26 received validation of sorts after securing $45 million in investment funds from News Corp., British Sky Broadcasting (BSkyB) and another unnamed investor.
Saratoga, Calif.-based Roku said the investment, which includes both financial and business agreements, would be used to develop new markets, brand awareness and increase engineering and production to support sales growth of both hardware and digital media services on the platform including advertising, games, transactional and pay-per-view video as well as content packages.
A new fashion consumer electronics company called Nabes said this week that it has been issued a patent for video sunglasses. The product, the company said, will deliver an experience of a 75-inch screen viewed from nine feet away.
Sunfire said this week that it has received a U.S. patent for its new StillBass anti-shake technology, which works with the company's ultra-thin Sunfire SubRosa Subwoofer.