What that you must know
- UK-based Bullitt Group, famend for rugged telephones like CAT and Motorola Defy 2, has seemingly closed down amid monetary troubles.
- Bullitt workers have confirmed the closure on LinkedIn, resulting in layoffs, presumably because of the firm’s failure in a vital restructuring.
- Earlier stories hinted at monetary struggles and potential insolvency.
Bullitt Group, the UK-based firm behind a few of the main rugged telephones, appears to have shut down following earlier stories of monetary points.
A number of Bullitt workers, together with Annabelle Boone, the worldwide service director, have shared on LinkedIn that the corporate has closed down, resulting in worker layoffs, as reported by Cell World Reside. This information follows The Telegraph’s report earlier final month, suggesting the smartphone maker was dealing with insolvency and contemplating appointing directors.
Bullitt advised the publication that it has deliberate at hand over its satellite tv for pc connectivity enterprise and 100 workers to an organization owned by its collectors. Nevertheless, Tim Shepherd, the top of product advertising and marketing, revealed his departure in a LinkedIn submit after Bullitt failed to drag off a vital restructuring.
Bullitt hasn’t stated something about shutting down. We have reached out to the corporate for particulars on the closure and can replace this text as soon as we hear again.
The corporate made rugged telephones for manufacturers like CAT, Land Rover, and Motorola. Its newest launch was the Motorola Defy 2.
In 2022, Bullitt aimed to shift gears from {hardware} to satellites, as per The Telegraph. To that finish, it rolled out new providers, just like the Bullitt Satellite tv for pc Messenger and the Motorola Defy Satellite tv for pc Hyperlink Bluetooth accent, which delivers satellite tv for pc connectivity to any Android or iOS machine.
If you happen to’re on the hunt for a rugged smartphone, try Samsung’s XCover collection or what Doogee has in retailer. There are nonetheless a couple of choices on the market with the toughness and water resistance you crave.
Based on Analysis and Markets, the worldwide rugged telephones market hit $2.98 billion in 2023, and the analysis agency predicts it will flex an 8.4% development by 2028, hitting a jaw-dropping $4.46 billion.
Regardless, with Bullitt’s shutdown, individuals searching for powerful telephones may really feel a bit restricted.
