What They Say
Remarkable said in a blog post that it has now shipped a million of its note-taking E Ink-based devices. It is reported to have generated over $300 million in revenues with profit of $31 million. The company also said that it has completed a funding round that values the firm at $1 billion by selling a minority of the the firm to ‘several international investors’. The Norwegian company remains ‘majority employee owned’.
What We Think
I tried the latest E Ink pen touch system at Display Week and it is very responsive and rapid, after a very short ‘start-up’ delay. One of my family asked me about buying a Remarkable and I pointed out that it couldn’t do colour or video or.. “But that’s what I want”, she said, “I’m too easily distracted”. As it turned out a domestic expense used up her budget and she has found another solution, but she may come back to the technology. (BR)
