Carl Pei’s new startup Nothing has reportedly acquired smartphone brand Essential. According to a report by 9to5Google current filings on the UK Intellectual Property Office reveal that Pei has acquired possession of the corporate behind the Essential Phone collection.
Essential Co-Founder Andy Rubin has signed the possession of the corporate to Carl Pei, reveals the report.
Going official lately, Pei’s Nothing enterprise has to this point remained fairly silent on the manufacturers plans sooner or later. Recent stories had urged that Nothing could be coming into the true wi-fi earbuds market with its personal product.
However, the corporate’s acquisition of Essential hints at greater plans, suggesting that Nothing may be planning to launch telephones as effectively. While this has not been confirmed, the brand’s upcoming cellphone, which hopefully won’t be known as ‘Nothing-Essential’, might go up towards mainstream manufacturers like OnePlus.
As per the brand new report, the deal ensures that each one present logos and logos of Essential at the moment are mental property of Nothing. Essential launched the Essential Phone again in May 2017 however witnessed unimpressive gross sales for the cellphone, which was subsequently discontinued in 2018. The plans of launching its second cellphone known as Project Gem additionally acquired cancelled when the brand shut down in 2020.