Nextbit Acquisition:
For an undisclosed sum, the Nextbit was acquired by Razer in January. This acquisition made the whole Nextbit team to operate under the Razer Gaming Company as a standalone business unit.
The reviews regarding the Nextbit Robin Smartphone were positive. The hardware design of the phone was very unique and well executed. However the cloud storage functionality wasn’t something worth marketing.
The company was forced to cancel the CDMA version of the device immediately only after a month, that unfortunately happened because of the Rocky path forward evident. All the funds were refunded to the backers, who had backed it with funding.