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Zeemote shuts down: assets up for sale

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Zeemote shuts down: assets up for sale

End of the game for mobile joystick maker

Mobile peripherals firm Zeemote has closed down, with one of its key financial backers looking to sell off its assets.

The news was reported last night in the US, with Commonwealth Capital Ventures' Michael Fitzgerald revealing the news.

ME's own sources have also confirmed that Zeemote is no longer a going concern.

The company released one product, the Zeemote JS1 gaming controller. It was an analogue Bluetooth joystick originally for playing mobile games, although more recently Zeemote launched an application - Zeekey - that enabled the device to control all aspects of a phone.

Zeemote struck deals with Nokia and Sony Ericsson to distribute the joysticks, but it seems those deals were not enough to keep the company in business.

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The question now is who might buy the company's assets. Those two handset makers could be in the frame, as well as Research In Motion, with whom Zeemote was working in recent months.

Tags: zeemote

Zeemote Down

posted by Rick Peterson Nov 20, 2009 at 3:14 am
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Rick Peterson

Zeemote was just gaining traction. I bet this is a result of the banking crunch. We seem to be rewarding the wrong people as bankers who fail get cheap money thrown at them. This is a real loss to the gaming community.

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