In July 2017, Razer filed to go public through an IPO in Hong Kong. Shortly after in November that, Razer unveiled the Razer Phone, its first smartphone whose design is based on that of the Robin. In January 2017, Razer bought manufacturer Nextbit, the startup behind the Robin smartphone. In October 2016, Razer purchased THX from Creative Technology according to THX CEO Ty Ahmad-Taylor. This was also discontinued, less than a year later.
Ouya's technical team joined Razer's team in developing their own microconsole, which was called the Forge TV. on 27 July 2015, while the hardware was discontinued. Razer bought the software assets of the Android-based microconsole Ouya from its parent company Ouya Inc. The current iteration of Razer was founded in 2005 by Min-Liang Tan, a Singaporean NUS graduate, and Robert Krakoff after they procured the rights to the Razer brand following a large investment from Hong Kong tycoon Li Ka-shing and Singaporean holding company Temasek Holdings. Kärna ceased operations in 2000 due to financial issues. Razer began as a San Diego, California based subsidiary of kärna LLC in 1998, created to develop and market a high-end computer gaming mouse, the Boomslang, targeted to computer gamers.
