Carl Pei says Essential acquisition was all about the patents

[GSMArena]

Yesterday news broke out that Carl Pei’s new venture Nothing has acquired the Essential smartphone brand. The details were unraveled in filings with the UK’s Intellectual Property Office and detailed the IP transfer was completed on January 6, 2021. Now, Pei himself confirmed yesterday’s reports and clarified that the whole deal was centered around the patents held by Essential. He further clarified that there is, ahem, nothing to share regarding Nothing’s plans with the newly acquired Esenetial patents. Though with the new evidence, it’s more likely we’ll see Nothing in the smartphone...

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