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SlashDot: Ugobe, Maker of Pleo, Files For Bankruptcy

Slashdot found this 4/24/2009 on hardware.slashdot.org

"Ugobe has filed for Chapter 7 bankruptcy — i.e., not reorganization but liquidation. We first discussed the company's Pleo robotic dinosaur toy in 2006. According to the company, 100,000 Pleos were sold in 2008. CEO Caleb Chung is optimistic about the auction value of intellectual property that ...