Today Logitech announced some huge news.
They are planning to acquire Astro Gaming from Skullcandy for the sum of $85 million in cash. This is particularly interesting news because it will certainly shake up the gaming headset market.
Astro Gaming is currently one of the most popular manufacturers for gaming headsets, and they design a number of headsets that are used by eSports players around the world. Basically, when it comes to gaming, Astro Gaming is definitely at the top of most people’s gaming headset list.
This acquisition should allow Logitech to increase their own share of the gaming headset market and they could possibly use it to develop their own headsets further.
Here’s what Jordan Reiss, the co-founder and president of ASTRO said about the acquisition:
Jordan Reiss, co-founder and president of ASTRO, added, “The whole team at ASTRO has always held Logitech and Logitech G products in the highest regard, so I’m ecstatic we are joining forces. ASTRO’s brand strength combined with Logitech G’s unrivalled technology and global distribution network is going to bring our products to even more gamers around the world.”
Logitech also added the following:
ASTRO, is a pioneer in gaming audio and lifestyle products and has a strong leadership position in the premium end of the global console gaming headset market. ASTRO is best known for its iconic A40 and A50 headsets designed for pro gamers and core enthusiasts. ASTRO’s recently introduced A10 expands the company’s reach in the console headset market, offering the essence of what makes their headsets premium, but at a more broadly accessible price point.
You can read more about this acquisition at the source link below.