Home > News > Plastic Logic scores $700m from Russians
January 18th, 2011
Plastic Logic scores $700m from Russians
Abstract:
The size of Russian investment in failed e-reader company Plastic Logic has been revealed, with $700m on the table for a company that has never managed to make a viable product.
Plastic Logic did make a few Que readers, one of which is on display in Churchill College, Cambridge, but delays in production allowed the competition (notably the iPad) to leapfrog the $650 Que despite its engaging technology. With the Que canned, the company was desperately short of money, until the Russians turned up with bundles of cash to invest.
Source:
theregister.co.uk
Bookmark:
| Related News Press |
News and information
Simulating magnetization in a Heisenberg quantum spin chain April 5th, 2024
NRL charters Navy’s quantum inertial navigation path to reduce drift April 5th, 2024
Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024
Good as gold - improving infectious disease testing with gold nanoparticles April 5th, 2024
Display technology/LEDs/SS Lighting/OLEDs
Utilizing palladium for addressing contact issues of buried oxide thin film transistors April 5th, 2024
Light guide plate based on perovskite nanocomposites November 3rd, 2023
Simple ballpoint pen can write custom LEDs August 11th, 2023
Govt.-Legislation/Regulation/Funding/Policy
NRL charters Navy’s quantum inertial navigation path to reduce drift April 5th, 2024
Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024
Chemical reactions can scramble quantum information as well as black holes April 5th, 2024
Investments/IPO's/Splits
Daikin Industries becomes OCSiAl shareholder July 27th, 2021
INBRAIN Neuroelectronics raises over €14M to develop smart graphene-based neural implants for personalised therapies in brain disorders March 26th, 2021
180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021
Financial Reports
Arrowhead Pharmaceuticals to Webcast Fiscal 2021 Second Quarter Results April 16th, 2021
Arrowhead Pharmaceuticals to Webcast Fiscal 2021 Second Quarter Results April 16th, 2021
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||