Plastic Logic may sell itself off
updated 03:55 pm EDT, Wed April 7, 2010
Plastic Logic in negotiations for sale of company
Plastic Logic, maker of low-cost computer chips and the Que e-book reader, may be up for sale. Hermann Hauser of Amadeus Capital Partners, which has a stake in Plastic Logic, didn't name any interested companies who are in negotiations regarding the sale of Plastic Logic, but did say he hopes more significant announcements will be made in the fall. The Que proReader, its only product, hasn't yet been released, as it's due out this summer.
The device will have a very large 8.5- by 11-inch capacitive touchscreen, 3G, Wi-Fi and software not usually found in e-book readers. It is fairly expensive, however, at $649 for the 4GB model with Wi-Fi and $699 for an 8GB model with Wi-Fi and a 3G radio. [via FinancialTimes]
