For now, it means Google is out of the laptop business.
There are also no plans to make any more of either edition, meaning that the Pixel laptop will officially be no more from today.
Speaking at Mobile World Congress, Osterloh noted that Google is keeping the Pixel brand focused on smartphones right now.
If you're now looking to get your hands on one of the doomed devices, you may not get much of a chance, as Osterloh added that both versions of the existing Pixel laptops have completely sold out. The company doesn't plan to make anymore of those either, according to TechCrunch.
But in an interesting piece of backpedaling, TechCrunch was later contacted by Osterloh who wanted to clarify things a little: "Regarding the future of Google-branded laptops (whether called Pixel or not), I should clarify that we don't have any plans to discuss at this time".
It wasn't long before Google made a decision to use the Pixel branding for other endeavors, including the Pixel C (which could have very well been a Chrome OS device at the drawing board stages) and now the new Pixel phone lineup.
So for the time being, we're left wondering just what exactly Google is planning for future Chromebook iterations.
Moving forward, Google will now only be using the Pixel brand for its flagship smartphones, as well as the Pixel C tablet.
The Pixel name has found new success with Google's smartphone line-up, though Mr. Osterloh admits that the company struggled to keep up with demand - supply has traditionally been a pain-point for Google releases going back to its Nexus devices.
But even if Google's in-house designed Chromebooks go away, its Chrome OS software is sticking around. Some observers have said it makes sense for Google to combine the software with Android, Google's mobile operating system, which powers nearly nine out of every 10 phones shipped on the planet.