SimpleDevices sold!

I worked at SimpleDevices (a small startup) for about six months back in 2001. Looks like they’ve been bought by some unknown electronics company in LA, UEI , for $12.5M. I wasn’t there long enough to grab any stock (I prob would have been canned before that anyway; kinda why I left). I’m guessint $12.5M is fairly close to break-even for investors, since the company has been operating for abour four years.