Razer Move Into Smartphone Space With Nextbit Acquisition
Gaming brand Razer has grown yet again, acquiring and incorporating smartphone startup Nextbit into its growing menageries of standalone business units.
Financial details of the acquisition have not been disclosed but Razer says it has brought on-board the entire management structure of the company.
According to Razer, Nextbit will continue with product support and software updates for its Robin smartphone.
“In order to reach a wider audience and continue our mission, we decided to join with a larger brand,” says Tom Moss, Nextbit Systems Inc. co-founder and CEO.
“We’re lucky to have found a company in Razer that shares our value of pushing the boundaries of what our devices can do,” he says.
Nextbit launched their cloud-driven Robin smartphone in 2015 after raising money through crowdfunding service Kickstarter.
“Nextbit is one of the most exciting companies in the mobile space,” says Razer Co-Founder and CEO Min-Liang Tan.
He says “with the talent that Nextbit brings to Razer, we look forward to unleashing more disruption and growing our business in new areas.”
The move follows Razer’s recent acquisition of cinematic audio giant THX.