R.I.P. i-mate, we barely knew ye

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Oh, global economic crisis, when will you stop claiming our favorite companies? Oh, wait, it's just i-mate folding this time? So, the company that already laid off its US staff is totally going away? We can live with that. It seems i-mate's remaining employees in Dubai Internet City were told yesterday that they had to take an unpaid two-month leave. That, apparently, was a typo, as the people were actually supposed to take an indefinite unpaid leave. Oops. The company has already been delisted from stock markets around the world, and this abrupt closing has left a number of retailers hanging as orders for the 810F are apparently still pending. Now they, just like our hopes of a Dirty Dancing sequel, will never be fulfilled.

Via ITP