Tag: essential

Essential acquires email startup CloudMagic

Andy Rubin’s Essential has acquired CloudMagic, makers of the Newton email app, for an undisclosed sum. The news, first reported this morning, has since been confirmed by TechCrunch. An Essential spokesperson offered the following admittedly open ended statement, “We are always on the lookout for companies with great technology and

Andy Rubin’s Essential is reportedly up for sale and has cancelled work on its next smartphone

Essential, the smartphone company helmed by Android co-creator Andy Rubin is trying to sell itself and has cancelled development of its next phone, Bloomberg reports. The report states the Essential has hired Credit Suisse Group AG to advise them on potentially selling itself. The company raised $330 million from investors