Andy Rubin, the father of Android, has reportedly cancelled his next big smartphone and might sell the company after raising $300 million (GOOG, AAPL)
|05/25/2018||Posted by BusinessMediaguide.Com under General World News||
- Essential — the startup founded by Android creator Andy Rubin — plans to sell itself, according to a new Bloomberg report.
- The hardware company released its first product, the Essential Phone, last year. But plans have now been scrapped to release a second device.
- Essential has raised $300 million to date and has been valued at around $1 billion.
Essential — the hardware startup founded by Android creator Andy Rubin — has canceled its next smartphone and is now looking to sell itself, according to a report from Bloomberg’s Mark Gurman and Alex Barinka.
The 3-year-old startup has read more >>>