E-Reader Maker IRex Files For Bankruptcy

E-Reader maker IRex Technologies has filed for bankruptcy, citing disappointing sales of its consumer device in the United States.

The firm's DR800SG e-reader was notable because it used an “open” model that gave publishers lots of control over how their content was distributed. Unlike the Kindle, for instance, publishers could set their own pricing. But most observers expected there would be a shake out in the market, and that now has happened.

E-Reader Maker IRex Files For Bankruptcy | paidContent