Razer raises $50-100M from Horizons Ventures, inks phone JV with Three –
Summary
Razer, the gaming company that acquired the Robin smartphone maker Nextbit earlier this year, is now opening the curtains on the next steps to make a deeper move into the mobile space. Starting first as a maker of peripherals like mouses and keyboards for hardcore gaming enthusiasts, Razer has in more recent years been building out its business (its motto, however, remains: “For Gamers. The company in recent years has expanded not just into PCs, but VR, wearables, social networks for gamers to communicate with each other and new immersive technology for delivering gaming experiences. ) Turning to the carrier partnership, Three has operations in 11 markets in Europe and Asia — Austria, Denmark, Hong Kong, Indonesia, Ireland, Italy, Macau, Sri Lanka, Sweden, United Kingdom and Vietnam — and had ambitions to expand its business by buying O2 in the U.K., but the deal got scuppered by regulators. Interestingly, while Razer didn’t say how it planned to use the technology and expertise from Nextbit when it announced the acquisition, this gives us a more specific idea of how it will be used: to develop gaming-first handsets optimised for gaming experience.
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