Foxit, the company behind the eSlick e-reader, has announced its retreat from the e-reader market, says theBookseller.com.
The software company announced its departure and the closing of its European offices in a press statement. The decision means the eSlick e-reader, which was launched in 2008 with a price tag of $199 (€150), will be withdrawn.
Foxit's move away from the e-reader market follows the bankruptcy of iRex in June and the liquidation of UK firm Interead in July.
However, companies such as News Corp and Sharp have expressed interest in the e-reader market in recent weeks.
Documents and links
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The Bookseller report
Announcement of Foxit’s exit from the e-reader market
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Subscribe to +Plastic Electronics magazine
Subscribe to +Plastic Electronics magazine, published six times a year, for just £100/€110/$160. Find out more here
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News Corp considers e-reader business
News Corp, the media firm behind newspapers such as The Times and The Wall Street Journal, is considering launching an e-reader content business, says media website New Media Age
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Sharp to enter e-reader market
Electronics firm Sharp intends to enter the e-reader market, according to a Reuters report
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The Electronic Displacement of Print
A Pira market report with forecasts to 2018 of e-paper, e-readers and other innovations and technologies displacing and impacting print
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