Earlier this week, Logitech announced that it would be acquiring Astro Gaming, the popular console headset producer. According to a company statement, the sale will come with a $85 million in cash transaction.
Logitech International S.A. is an international provider of mobile and personal computer accessories. In recent years, it started provided accessories necessary for the PC gaming sector. Namely, it started offering mouse, keyboard, and headset options, as well as other peripherals. Now, thanks to its acquisition of Astro Gaming, the company seems to be making a more decisive move in the gaming area.
Astro Gaming, to Continue Running as It Is Even After the Acquisition
— Logitech (@Logitech) July 11, 2017
Both Logitech and Astro tweeted the news and posted on their blogs. In its statement, Logitech offered a few more details as to its plans for Astro Gaming.
— ASTRO Gaming (@ASTROGaming) July 12, 2017
As such, the gaming headset maker will be joining Logitech G, which is the company’s gaming division. This will become effective once the purchase will be completed. Also, the gaming headsets firm is likely to continue on its current path, as Logitech doesn’t seem to be looking to restructure it.
In the Logitech G blog post, the company stated that Astro would continue focusing on “designing products for console gaming”. For its part, Logitech’s gaming division will be looking to develop and build the “most advanced PC gaming gear”, one that can be used no matter the platform.
In a statement, the Logitech G VP, Ujesh Desai, declared that “[Astro] It’s a perfect complement to Logitech G’s focus on PC gaming and we couldn’t be more excited; we love the team, the brand, and the products. Together, we want to make gameplay even more fun for gamers everywhere.”
The acquisition is expected to close sometime by the end of August 2017. Logitech will reportedly most likely start feeling its effects in the fiscal year 2018. Thanks to Astro Gaming, Logitech could start catering to a broader range of the gaming accessory market and its needs.
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