Razer, the gaming laptop and peripheral company, has acquired smartphone-maker Nextbit. A press release announcing the acquisition says that Razer “has acquired the majority of the assets of Nextbit Systems Inc. and has brought onboard the management and employees of the company,” but no financial details of the acquisition were disclosed. The deal closed on Friday, January 27th, 2017.

Nextbit, which was founded by former members of Google’s Android team and a former head of design at HTC, will remain a largely independent company, operating as a “standalone business unit under its own management,” according to the release. In an interview about the acquisition, Nextbit CEO Tom Moss said the “whole team” will be coming over and that the…

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