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 |
Display technology/LEDs/SS Lighting/OLEDs
Efficient and stable hybrid perovskite-organic light-emitting diodes with external quantum efficiency exceeding 40 per cent July 5th, 2024
New organic molecule shatters phosphorescence efficiency records and paves way for rare metal-free applications July 5th, 2024
News and information
New organic molecule shatters phosphorescence efficiency records and paves way for rare metal-free applications July 5th, 2024
Single atoms show their true color July 5th, 2024
New method cracked for high-capacity, secure quantum communication July 5th, 2024
Govt.-Legislation/Regulation/Funding/Policy
Single atoms show their true color July 5th, 2024
Atomic force microscopy in 3D July 5th, 2024
Aston University researcher receives £1 million grant to revolutionize miniature optical devices May 17th, 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 |
||
|
|
||