Home > techcrunch > Kno Bails On Hardware, Takes Another $30 Million

Kno Bails On Hardware, Takes Another $30 Million

April 8th, 2011 04:00 admin Leave a comment Go to comments

Take a good look at the Kno textbook tablet at right because you might not ever see it again. Kno is getting out of the hardware business and, as reported earlier, taking another $30 million from Intel Capital, Advance Publications (owner of Conde Nast), and its previous investors (Andreessen Horowitz, Floodgate, First Round, and SV Angel). The company is now confirming the reports.

Kno started selling its textbook tablets last year, with a $599 single-screen version and an $899 dual-screen. But, as I’ve noted before, competing against the iPad and Android tablets makes absolutely no sense. If a student is going to buy a tablet, they will buy one of those first. Nobody is going to carry around two tablets. Plus, you can’t play Angry Birds on a Kno.

Sales of the Kno tablets were underwhelming, and anyone who bought one will be offered a refund if they want to return it. Or they can keep it (the tablet is actually pretty decent).

As part of the financing, Intel will also license Kno’s hardware design to work with OEMs to build future tablets. Again, unless these future tablets run Android, I don’t see the point.

Kno itself will now focus on recreating its textbooks and associated a software for the existing tablet market. Expect to an iPad or Android app very soon. Of course, this will change the entire economics of the business, especially if Kno now has to split textbook sales or subscriptions with Apple on the iPad.

Source: Kno Bails On Hardware, Takes Another $30 Million

Related Articles:

  1. Dell Kills Streak 7, Bails On Android Tablets
  2. Hardware Running Android Fails More Than iPhone, BlackBerry Hardware
  3. Hardware Running Android Fails More Than iPhone, BlackBerry Hardware
  4. Hardware Running Android Fails More Than iPhone, BlackBerry Hardware
  5. iOS Passes 200 Million Devices, 25 Million Of Which Are iPads
blog comments powered by Disqus
YOYOYOOYOYOYO