Microsoft (MSFT) Affirms Acquisition of R2; CEO Krikorian to Join IEB

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Microsoft (MSFT) Beat-Out Peers to Acquire Home Entertainment Start Up R2 Group

January 3, 2013 6:36 AM EST

Microsoft (Nasdaq: MSFT) is making more moves into invading consumers living room.

According to the WSJ Thursday, Microsoft has acquired id8 Group R2 Studios Inc. ("R2 Studios") for an undisclosed sum.

R2 Group... More