Logitech Aquires Saitek

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Logitech Aquires Saitek

Postby Awaken » Fri Sep 16, 2016 7:57 pm

Very interested to see how this will play out. I'm hoping this will be good thing.

http://blog.logitech.com/2016/09/15/creating-immersive-gaming-experience-logitech-acquires-saitek/

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Re: Logitech Aquires Saitek

Postby Awaken » Fri Sep 16, 2016 10:01 pm

And the loser of the spelling bee is me :oops: Acquires :mrgreen:
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Re: Logitech Aquires Saitek

Postby OldAirmail » Fri Sep 16, 2016 11:05 pm

After big losses, Mad Catz sells its Saitek controller biz for $13M

Nine years ago, Mad Catz acquired fellow game hardware maker Saitek for a cool $30 million.

This is chiefly notable because the $13 million deal was all cash, and comes months after Mad Catz reported a remarkable $11 million loss during its most recent fiscal year.


It matches up with my post from last year - What's happening to the price of flight sim controlers?

That pretty much explains the relative scarcity of Saitek equipment. Mad Catz didn't have the money or the heart to order very much made.

Thanks, Awaken. Good news find. :clap:
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