Ugobe files for bankruptcy, Pleo facing extinction



 
 

Sent to you by Sam via Google Reader:

 
 

via Engadget by Nilay Patel on 4/20/09

Looks like Pleo couldn't dodge that meteor -- everyone's favorite lovable robot dinosaur company Ugobe has laid off all its employees and filed for bankruptcy. That confirms a month of speculation that things were on the brink -- Ugobe's website has been up and down for a while, and a major supplier filed suit a couple weeks ago for nonpayment. There's a chance that some other toymaker will swoop in and pick up the pieces during the liquidation, but we wouldn't hold our breath -- Pleo owners, feel free to commiserate in the comments.

Painful bonus: Link your pics of the Pleo going extinct on our comment form here and we'll make a gallery. C'mon. You know you want to do it.


[Thanks, Andrew]

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Ugobe files for bankruptcy, Pleo facing extinction originally appeared on Engadget on Mon, 20 Apr 2009 21:33:00 EST. Please see our terms for use of feeds.

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Spoketh by Sam at 4/21/2009 10:30:00 AM

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