Connect with us

Hi, what are you looking for?

News

Turtle Beach Acquires Roccat For $14.8 Million

Major news in the world of gaming peripherals as Turtle Beach have announced they have acquired PC peripheral company Roccat for a reported $14.8 million. This will be in the form of $3.4 million in earnout payments and a $1 million option in either cash or stock.

Juergen Stark, CEO of Turtle Beach, said in the press release:

“This is a dynamic and strategically important deal for Turtle Beach. We are adding a complementary portfolio of PC gaming mice and keyboards, a skilled PC accessories team, and a highly synergistic distribution footprint.”

This acquisition is in part due to Turtle Beach’s goal of reaching a worth of $100 million in the PC peripheral market and is expecting revenue from Roccat products to reach $30 million by the end of 2020.

Comments

You May Also Like

News

Keen Software House have released update 1.181 for their popular space game Space Engineers. This new update fixes major multithreading issues and performance optimizations....

3DS

The latest issue of Famitsu has revealed that Big John Games is developing a new game in their Cube Creator series titled Cube Creator...

News

In what is one of the holy grails for NES collectors, a Nintendo M8 demo unit has been put up for sale on eBay....

News

The latest issue of V-Jump has confirmed the first two DLC characters for Dragon Ball FighterZ will be Broly and Bardock. Broly will feature...

Advertisement