Nabaztag can’t make RFID cool, has to file for bankruptcy
Posted in: business, recession, Today's Chili, toy, Toys
We always knew that any company courageous enough to take a technology designed to help mega-corps monitor their inventory levels and make it mainstream would face an uphill battle, but we never envisioned Nabaztag caving entirely to the pressure. If a snippet in a recent issue of Les Echos (a French financial paper) is to be believed, the creator of the rabbit-inspired Violet RFID Mirror has filed for bankruptcy, giving any company interested in keeping the brand alive until September 4th to toss out a cash infusion. Not like we’re looking at you, Mr. VC, but we’re definitely hoping to not be sobbing about this in just under a month. Tick, tock.
[Voa Loic Le Meur]
Filed under: Misc. Gadgets, Wireless
Nabaztag can’t make RFID cool, has to file for bankruptcy originally appeared on Engadget on Tue, 11 Aug 2009 02:27:00 EST. Please see our terms for use of feeds.
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