The giant of PC peripheral manufacturers Razer has managed to carry out a very strange move which involves the acquisition of Nextbit, the smartphone manufacturer that released its Robin a while back that functioned on a very interesting business model.
The company’s blog post has been compiled by Tim Ross and he continues to give hope to users that they have nothing to worry about as far as the acquisition goes. This is what he had to say about the latest move:
“I’m thrilled to announce that we’re joining the Razer family! They’re rebels like us, they speak from the heart, and they share our need to push boundaries. 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.
If you’re curious what this means for Robin, don’t worry. While we have stopped selling Robin and all accessories through our official channels, we are still dedicated to supporting all of you. We will continue to fulfill warranties for 6 more months. And as promised, we will continue to provide software updates and security patches through February 2018.”
While Nextbit will continue to function as a separate phone company rather than being part of Razer, there are various reasons why both parties agreed to the acquisition. Razer could have gained access to the experience of the Nextbit’s phone manufacturing trade while the latter might have gained access to Razer’s abundant amount of capital, giving them more financial headroom to release better-performing smartphones in the future.
For users, they currently have very little to worry about because their devices will continue to receive security and software updates till the end of next year. Now we just have to worry about what sort of move Razer is going to be making when it decides to enter the smartphone market.
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