After barely a year in business and the release of a single phone, Essential is up for sale, reports Bloomberg.
The Palo Alto-based hardware startup was founded by Android creator Andy Rubin and raised $300 million in funding. It is said to be looking for buyers, following poor sales of its PH-1 handset, and after allegations against Rubin of an inappropriate workplace relationship while he was Google came to light.
Essential has also shelved plans for its second phone for the time being; if anything, we might see the release of the Essential Home, a puck-shaped smart assistant device that runs the company’s own Ambient OS to connect with IoT gadgets, alert you about incoming notifications and calendar events, and respond to voice commands. The engineers who haven’t yet left the company have reportedly been reshuffled to focus their efforts on this product for now, and are slated to be included in the sale terms.
The PH-1 got a lot of attention when it launched, not only because it was the result of Rubin’s new venture, but also because it was remarkably designed, with arguably the first ever notch on a phone that was meant to house the front camera.