Boxee, the Israel-based media streaming provider, has been bought out by Samsung Electronics – and has immediately announced the removal of its cloud-based digital video recorder (DVR) software.

The bad news for Boxee customers is that the switch off for the cloud DVR comes on July 10, with all recordings being wiped after that date. Expect many Boxee viewers to be bleary-eyed for work in the coming days having ploughed through the recordings they still have.

“We believe that over the next few years the video market will change even more than it has in the past few decades,” a statement on the Boxee site reads.

“Joining Samsung means we will be able to work on products that marry the best hardware and software in the TV space, products that will be used by tens of millions of people and will help to shape the future of TV,” it adds.

According …