The Robin smartphone is no more after Razer acquires Nextbit

Nextbit, maker of the crowdfunded Android smartphone Robin, has been acquired by Razer, the companies said in a statement Monday.

Though Razer plans to keep Nextbit as a separate unit within the company "focused on unique mobile design and experiences," according to Nextbit's CEO, the company stopped production for Robin and will no longer sell the handset or its accessories. 

Terms of the deal were not disclosed but Recode reports it was an all-stock deal and that all of Nextbit's employees are making the move to Razer. The acquisition suggests the company, which until now had been known for its gaming laptops and accessories, is looking to move into the smartphone business. Read more...