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September 22, 2015

Quirky has filed for bankruptcy and are selling off Wink

by John_A

wink smart home prodcutsQuirky has been doing some restructuring lately and have now filed for bankruptcy. They are also planning to sell off Wink, who make devices that turn your home into a smart home.

If you own a Wink device and are worried about the future of your products, don’t be. The Wink team have said devices like Hub and Relay will still be sold in stores, and they are still working on new features. It would of definitely sucked if they stopped working on them and one day your Wink door locks didn’t work.

Flextronics International USA Inc. has submitted a “stalking horse bid” with the minimum amount that Wink will be acquired for. However, they are open to higher bids from other companies. If no one else bids, Wink will be sold to Flextronics. Everything will be complete in 60 days.

Source: Quirky

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