“Even with the fact that Best Buy started selling iRex Technologies‘ DR-800SG online back in February, it doesn’t look like the company has any good news to report,” Evan Selleck reports for SlashGear. “On Tuesday, iRex Technologies was forced to file for bankruptcy in the Netherlands.”
MacDailyNews Note: The iRex Reader featured an 8.1-inch, 768×1024, monochrome e-ink screen with support for 16 shades of gray, a mini USB port, 3G wireless (Verizon in USA), and 2GB SD card storage. It retailed for US$399.99 via Best Buy’s online store.
Selleck continues, “According to the company’s CEO, Hans Brons, the company was forced to file for Chapter 11 due to ‘financial difficulties.’ We know that if you promise a product for a holiday release and don’t deliver, bad things can happen. But, to think that missing the launch window by a few months meant the demise of a company, well that’s simply staggering.”
Selleck reports, “You can probably also chalk it up to the competition that released in the same expected months of iRex’s eReader launch. Apple’s iPad…”
Full article here.
MacDailyNews Take: Bloodbath.
[Thanks to MacDailyNews Readers “CK” and “Dirty Pierre le Punk” for the heads up.]