Nextbit has recently announced on their forums that they have been acquired by Razer, ending their independent startup phone company. So they are going to stop selling their smartphone Nextbit Robin with their accessories. However, they will be honouring already purchased smartphone’s warranty for upcoming 6 months and going to release their security update by Feb 2018.
According to them, Nextbit will continue operating as an independent division inside Razer, especially focusing on unique mobile design. But they will start expanding their business with some bigger and better moves.
Nextbit will operate as an independent division inside Razer, focused on unique mobile design and experiences. To put it simply, we’ll be doing exactly what we’ve been doing all along, only bigger and better.
— Nextbit (@nextbitsys) January 30, 2017
If you don’t know much about Razer, Razer is well known for gaming accessoryes. They have recently moved towards laptops and audacious. Acquiring some technology and software products, Razer plans to expand their portfolio to smartphones.
According to TechCrunch, The deal is closed earlier this month. However, the exact amount is still not disclosed by either company. Nextbit has already raised $18 million funding from Dentsu, Accel, GV and $1.36 million from crowdfunding from Kikstarter campaign.
Let’s expect some bigger moves and changes by Razer for this, if they will be big enough platform to step up into this race effectively.