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Foxit has become the latest company to exit the e-book reader market, following I-Rex and Cool-Er earlier this year.
The company, which produced the $199 (£125) eSlick reader, is shutting down its European operation and focusing on software.
In a press statement, Erik Bryant, assistant vice president of sales, said: "We have been licensing our PDF and ePub technology to a number of eBook vendors. Our decision to discontinue eSlick is to eliminate the possibility of competing with our partners.
"We’re looking forward to making the most impact possible on the growing eBook market by providing our proven, top-of-the-line PDF software technology as an industry standard to the principal providers of electronic reading devices.”
Foxit's exit from the market follows that of other companies competing with Amazon, Apple and Sony for the reader market.
In July the company behind the Cool-Er reader went into liquidation. In June i-Rex, the Dutch company that produced the iLiad e-book reader first sold by Borders filed for bankruptcy.