Wileyfox CEO Michael Coombes confirms administration after Russian backer was stopped from investing

clock • 1 min read

20 staff laid off as administrators cut costs

Michael Coombes, CEO of British smartphone designer Wileyfox has confirmed that the company has gone into administration. It follows widespread rumours that have been circulating since the beginnin...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like

Hardware

STK will sell Wileyfox smartphones and provide support

clock 19 March 2018 • 2 min read

Hardware

Administrators called in as Maplin talks with Edinburgh Woollen Mill break down

clock 28 February 2018 • 4 min read

Management

Edinburgh Woollen Mill takeover of Maplin comes to nowt as firm prepares to sell its last flashing disco ball

clock 28 February 2018 • 4 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Hardware

 Researchers create autonomous drones that chat like people and grab with hands

Researchers create autonomous drones that chat like people and grab with hands

Capable of 'thinking, entity control and environmental awareness'

Mark Ballard
clock 07 November 2023 • 3 min read
IT leaders must be hands-off helicopter parents

IT leaders must be hands-off helicopter parents

CIO panel agrees: Employees want IT to do everything, but they don't want to see it

Tom Allen
clock 14 September 2023 • 3 min read
Asian Tech Roundup: India's lunar triumph

Asian Tech Roundup: India's lunar triumph

Plus, China's digital funeral plans

Tom Allen
clock 25 August 2023 • 2 min read