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Razer Buys Nextbit

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Jan 30, 2017, 6:13 PM   by Eric M. Zeman

Razer, the gaming hardware company, today said it has purchased Nexbit, the cloud-focused smartphone company. Nextbit's primary product is the Robin smartphone, which relies on a constantly-syncing cloud connection to manage device storage. The phone was launched through a Kickstarter campaign in 2015 and reached end users in early 2016. Nextbit has updated the core platform consistently over the last 12 months, but has not introduced new hardware. "Nextbit will operate as an independent division inside Razer, focused on unique mobile design and experiences," said the company in a statement. "To put it simply, we'll be doing exactly what we've been doing all along, only bigger and better." Nextbit says it has ceased selling Robin smartphones and accessories, but the company remains committed to its existing customer base. Warranties will be honored for the next 6 months, and Nextbit promises to push out security releases through February 2018. "Joining up with Razer will allow us to reach much further," said Nextbit cofounder Tom Moss. Moss will continue to serve as Nextbit CEO and report to Razer CEO Min-Liang Tan. Terms of the deal were not disclosed.

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