Razer buys out Nextbit in what was a very unexpected deal

Nextbit is a promising company, but unfortunately its journey being independent has concluded. Razer, a computer hardware company, has bought out Nextbit, and to make matters upsetting, it seems that many Nextbit products will be no more after this year.

As typical when a company acquires another, it discontinues their products. We saw this happen in several acquisitions last year, and a few already that took place this year. Even though the journey for current Nextbit products will soon come to ends, the company promises that “great things are coming.”

Razer plans to use Netxbit for resources and vice versa so that more exciting things can be done. Nextbit’s announcement was posted in their community, as was Razer’s on their press blog here.

Nextbit won’t be completely dismantled, as noted by Tom Moss, the company’s CEO and Co-founder. Some products such as the Nextbit Robin smartphone will be supported through February 2018. Warranties will remain active for 6 months, expiring after then. However, production of the Robin device has been suspended, and therefore sales have been closed permanently.

Nextbit noted that fans not worry, as only bigger and better things are to come. Tom Moss concluded with the following statement.

“I want to thank all of you for your support. We would not be the company we are today without our backers, our supporters and our community — our band of Rebels. We love you guys.”

SOURCE [Nextbit Community

About Doug Demagistris 1627 Articles
Doug Demagistris is the Founder and current Editor In Chief of Droid Turf. He grew up in New York and now attends Bryant University where he is studying marketing and communication. He has been and always will be a Google enthusiast thanks to Android’s customization, flat design and exceptional integration with various Google services. Currently, Doug uses a Pixel 2 XL as his daily driver for its unique design, powerful hardware, exceptional camera, and stock experience. For shorter instances, he’ll glance at his Huawei Watch. And for more productive work, you’ll find him typing away on his Pixelbook. Doug is hopeful his productivity will make lives easier, more meaningful and help down the road.