OnePlus co-founder Carl Pei’s new technology startup Nothing Picks up Andy Rubin’s Essential Smartphone Brand. The company has raised more than $20 million from Google Ventures, CRED founder Kunal Shah and other high-profile individuals.
According to 9to5Google, Carl Pei’s ‘Nothing Technologies Limited’ has submitted an application with the UK Intellectual Property Office back on November 11 of 2020 and Andy Rubin has signed over ownership of the Essential Brand. The below-attached screenshot provides some information about the transaction which includes all of Essential’s existing trademarks and logos. However, this doesn't confirm that Pei’s Nothing will own all of the patents from Essential.UK Intellectual Property Office filing detailing the transactionEssential trademarks and logos included in the transaction
Earlier the company confirmed that they are working on various smart home products, the acquisition may help give Nothing an existing platform and a good ecosystem of devices to build upon. Apparently, some rumours suggested that unreleased Essential PH-2 would have a quirky tall form factor and a new UI experience.
Carl Pei surely will reveal more details about Nothing and Essential Brand upcoming products in the future days through the company's official website. Let us keep all these aside think. Will Nothing be able to disrupt the market like OnePlus did back in the day? Let's wait and Watch.