<p>It's been barely a month since the former OnePlus co-founder Carl Pei announced the new startup venture Nothing Technologies Limited. It has announced plans to foray into Internet of Things (IoT). </p>.<p>Now, a report has emerged that Pei has discreetly purchased Essential Products, a dead mobile phone company, owned by Andy Rubin (Android co-founder and ex-Google senior executive).</p>.<p>The application for ownership rights transfer was applied on November 11, 2020, and the formal process was completed on January 6, 2021, <a href="https://9to5google.com/2021/02/15/essential-carl-pei-nothing-technologies/" target="_blank">9to5Google</a> reported citing the UK's Intellectual Property Office document.</p>.<p>With this, all the trademarks, logos, and intellectual technology patents used for Essential phones are now part of Nothing.</p>.<p>This comes off as a pleasant surprise, as Pei never revealed plans to launch his own branded phones.</p>.<p>It can be noted Rubin had teased Essential Phone 2 (aka PH-2, Project Gem) in October 2019, which was slated to launch in a few months. </p>.<p>Essential Phone 2 had a radically different design. It was slim, tall, and looked more like a touchscreen-based TV remote than a phone. </p>.<p>On the back, it had a big circular camera module and a fingerprint sensor below. There was no company engraving at part of the device. But, have to say, the colourway of the Essential Phone 2 looked stunning. the company had used colour shift material on the phone's shell; it reflected different colours when looked at from a certain angle.</p>.<p>Unfortunately, the work got derailed and the company winded up its operations in February 2020.</p>.<p>Now, it looks Carl Pei may resurrect the Essential Phone, which may very well become an integral part of the Nothing smart gadget ecosystem. Sweden-based Pei was instrumental in taking OnePlus to the global stage.</p>.<p>With the acquisition of Essential and investment from Alphabet Inc (parent company of Google), Nothing is all set to make a splash in the consumer electronics business arena in the coming months. The company is slated to unveil new products in the first half of 2021.</p>.<p><em>Get the latest news on new launches, gadget reviews, apps, cybersecurity, and more on personal technology only on <a href="https://www.deccanherald.com/tag/dh-tech?_ga=2.210580691.73733284.1595225125-1706599323.1592232366" target="_blank">DH Tech</a>.</em> </p>
<p>It's been barely a month since the former OnePlus co-founder Carl Pei announced the new startup venture Nothing Technologies Limited. It has announced plans to foray into Internet of Things (IoT). </p>.<p>Now, a report has emerged that Pei has discreetly purchased Essential Products, a dead mobile phone company, owned by Andy Rubin (Android co-founder and ex-Google senior executive).</p>.<p>The application for ownership rights transfer was applied on November 11, 2020, and the formal process was completed on January 6, 2021, <a href="https://9to5google.com/2021/02/15/essential-carl-pei-nothing-technologies/" target="_blank">9to5Google</a> reported citing the UK's Intellectual Property Office document.</p>.<p>With this, all the trademarks, logos, and intellectual technology patents used for Essential phones are now part of Nothing.</p>.<p>This comes off as a pleasant surprise, as Pei never revealed plans to launch his own branded phones.</p>.<p>It can be noted Rubin had teased Essential Phone 2 (aka PH-2, Project Gem) in October 2019, which was slated to launch in a few months. </p>.<p>Essential Phone 2 had a radically different design. It was slim, tall, and looked more like a touchscreen-based TV remote than a phone. </p>.<p>On the back, it had a big circular camera module and a fingerprint sensor below. There was no company engraving at part of the device. But, have to say, the colourway of the Essential Phone 2 looked stunning. the company had used colour shift material on the phone's shell; it reflected different colours when looked at from a certain angle.</p>.<p>Unfortunately, the work got derailed and the company winded up its operations in February 2020.</p>.<p>Now, it looks Carl Pei may resurrect the Essential Phone, which may very well become an integral part of the Nothing smart gadget ecosystem. Sweden-based Pei was instrumental in taking OnePlus to the global stage.</p>.<p>With the acquisition of Essential and investment from Alphabet Inc (parent company of Google), Nothing is all set to make a splash in the consumer electronics business arena in the coming months. The company is slated to unveil new products in the first half of 2021.</p>.<p><em>Get the latest news on new launches, gadget reviews, apps, cybersecurity, and more on personal technology only on <a href="https://www.deccanherald.com/tag/dh-tech?_ga=2.210580691.73733284.1595225125-1706599323.1592232366" target="_blank">DH Tech</a>.</em> </p>
