Sling Going to EchoStar for $380 Million

Sling Media makers of the Slingbox is being acquired by EchoStar Communications, which owns satellite provider Dish Network for some $380 million. EchoStar is no stranger to Sling as they were an early investor with a $58 million in investment. Sling will remain intact as a wholly owned subsidiary of EchoStar, according to Blake Krikorian co-founder and CEO of Sling Media.