18 June 2009

Jetta Company Ltd acquires Ugobe and continue Pleo line.

Jetta Company Limited, the company that manufactured the Pleo robot dinosaur for Ugobe has bought the intellectual property rights and other assets at the Ugobe bankruptcy sale that occurred on May 21. The company is firmly committed to re-launching Pleo and continuing the line including accessories such as the vital battery and charger components.
The original press release from the company regarding their relaunching of Pleo reads as follows:

Jetta Company Limited acquires Ugobe out of receivership
Hong Kong – Jetta Company Limited acquired the assets of Ugobe and will be re-launching “Pleo” in the near future. Established in 1977, Jetta has focused on manufacturing an extended range of toy, consumer electronics, juvenile, robotic and gift products and is one of the most recognized engineering and OEM companies within the toy industry. Headquartered in Hong Kong, Jetta currently operates five production campuses in Guangdong Province which combined has over 4.5 million square feet of production floor space. At the forefront of the fast-paced toy and robotics industries, Jetta continues to strive for “excellence” and is pleased to add “Ugobe” to its operations.
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