Plastic Logic investor denies company for sale
An investor in Plastic Logic said he was misquoted in a recent report and the e-book reader company is not for sale.
The Financial Times suggests that Plastic Logic backer Hermann Hauser was interested in a buyer for the maker of the yet-to-hit-the-market Que ProReader, quoting Hauser as saying the company was "in very interesting negotiations." However, Hauser said Tuesday that his comments were misconstrued.
"My comments were taken out of context," Hauser said in a statement provided on Tuesday by Plastic Logic. "I was talking about partnerships we are working on, the value of … Read more