When Razer acquired Nextbit in January this year, we had a feeling that they would put that acquisition to good use combining Nextbit’s smartphone engineering know-how with Razer’s own gamer twist. After just less than a year in the making, Razer unveiled their latest smartphone which may be the first decent smartphone ever produced specifically for gaming and content consumption.
The new smartphone, which Razer calls the Razer Phone, looks very similar to the Nextbit Robin, which was Nextbit’s flagship smartphone before the company was acquired by Razer. From there, Razer has made some serious enhancements to the product to make it one of the [...]
At the beginning of this year, gaming hardware company Razer made a surprising move when they acquired struggling smartphone company Nextbit Systems, a company best known for their affordable cloud based smartphone, the Nextbit Robin. At the time, Razer kept quiet on what they had planned to do with the acquisition, but given Razer’s heritage, it was almost certain that they would somehow end up creating some sort of smartphone for gamers.
If you’ve visited Razer’s website lately, it appears that that’s exactly what Razer is about to do. On the website, you may have seen an interesting picture which shows a man holding what appears to be a [...]
It’s no secret that Razer has been toying with the idea of going public for quite some time. The company has employed a very aggressive expansion strategy over the past few years which has paid off handsomely; however, it appears that the company’s expansion efforts may currently be limited by the lack of funding. As a result, Razer is planning to file an IPO in Hong Kong and according to TechCrunch sources, Razer aims to raise over $600 million to pursue additional growth opportunities.
While the amount planned to be raised was not disclosed in Razer’s 345-page initial IPO paperwork filed with the Hong Kong Stock Exchange last Friday, it does [...]
Razer has been doing some serious shopping lately first acquiring famous audio company THX in late 2016 and according to a recent announcement, they’ve also picked up yet another company, Nextbit Systems Inc.
Nextbit, the company behind the popular cloud connected Robin smartphone, quickly saw a lot of success with the Robin which was a decent mid-range smartphone with a pricetag of just $299 and could be regularly found during the holidays for under $200.
As a part of the acquisition, Nextbit will halt all sales of its Robin smartphone however, will continue honoring warranties for 6 more months, and will continue offering software updates [...]