Friday, September 28, 2007

EchoStar to acquire Sling Media

Satellite television provider EchoStar Communications Corp. will buy Sling Media for $380 million, the company founded by brothers Blake and Jason Krikorian in 2004 is poised to go mainstream, taking the idea of "place-shifting" along with it.

The Slingbox links users with their home television programming from any broadband Internet-connected personal computer and many cell phones.

The Slingbox intercepts a television signal from a set-top box or digital video recorder and routes it to the owner. The user can then change channels or view different media content stored on digital video recorders or DVD players.

Sling has yet to pass the 1 million sales mark for its devices. But it has been the dominant U.S. leader among place-shifting products, something CEO Blake Krikorian hopes to expand upon with this partnership.

The partnership could bring exciting new capabilities to Dish Network subscribers.

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