FD.nl, a Dutch financial news website, are reporting that ereader maker Irex have secured new financing and will continue to operate. The new company will be called IRX Innovations. Hans Brons, head of Irex, has announced that IRX will abandon the consumer market with the plan to focus on the business market and licensing IRX designs to third parties.
This is great news for a bunch of people I know. They're all waiting on repairs to their Irex ereader. Some have been waiting for months.