Pleo Creator Ugobe Declares Bankruptcy

April 26th, 2009

The first real casualty of the economic crisis has emerged, and it's a lovable robotic dinosaur. Decreased demand for expensive toys has left Pleo's creator, Ugobe, wallowing in debt. As a last ditch effort to remain solvent, they're going to try to auction off the rights to Pleo, but there's no guarantee that the poor critter will ever be made again.

Pleo has always been a favorite over here at CrunchGear, so we put together a little goodbye tribute video in case the adorable robosaurus is indeed extinct.

Read the original article at Tech Crunch:
Pleo Creator Ugobe Declares Bankruptcy

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