WE'VE RECEIVED an email from a well placed source who said that OQO's last chance at flogging itself off seems destined to fail.
The purveyor of ultramobile PCs is a living testament to the fact that even if you make a really good design you still might not succeed. It is running aground as the recession bites because no one wants to splash out on high priced PCs these days.
Last week the outfit ran out of cash and was looking for a white knight. The week before pre-orders of the OQO Model 2+ Ultramobile PC (UMPC) were cancelled after OQO was unable to commit to a ship date. OQO is in such dire financial shape that it has even halted repair and warranty services too.
This morning we were told by a person close to the situation that an 11th-hour deal to save the company had fallen through and the staff were all on "sabbatical".
We tried to contact OQO for a comment or confirmation but although the website still lived, email seemed to be shut down and no one was picking up the phone. µ
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