Essential Products
Defunct smartphone maker, built one phone, closed in 2020
Company ceased operations entirely (shutdown)
Essential Products built one phone, ran out of money and options, and closed in 2020; Nothing Technologies now holds what remains of its name.
Essential Products made Android phones and other gadgets, but the company closed completely in February 2020 and transferred its brand name to a different company called Nothing Technologies in 2021. Since Essential Products is legally dissolved with no employees or business operations, there is nothing to join or invest in. If you are interested in this space, you should look at Nothing Technologies instead, which is the actual live company that now owns the Essential brand name.
- 2025-06-11Carl Pei discloses Nothing was almost named Essential
- 2025-05-06CMF Phone 2 Pro ships Essential Space AI feature
- 2025-03-04Nothing Phone 3a/3a Pro ships Essential Space AI feature
- 2021-01-06Essential trademark transfer to Nothing Technologies completed
- 2020-09-25Alphabet settles Rubin-linked misconduct litigation for $310 million
- 2020-04-30Newton Mail (CloudMagic) shut down in wind-down
- 2020-02-12Essential Products shuts down entirely, ~100 employees laid off
- 2019-10-09Project GEM AI phone teased, later cancelled
- 2018-12Essential acquires CloudMagic (Newton Mail)
- 2017-08Essential Phone PH-1 launches at ~$1B unicorn valuation
This page is a post-mortem, not a live assessment, and it carries no band. The blind-test result is the only part made without knowledge of the outcome.