Corsair To Acquire Elgato Gaming
FREMONT, CA, June 27, 2018 - CORSAIR®, a world leader in providing high-performance PC peripherals and components for gamers, enthusiasts and eSports athletes, today is pleased to announce that it has reached an agreement to acquire Munich-based Elgato Gaming.
Elgato’s connected home business, Elgato Eve, will continue as an independent, separate entity under the name Eve Systems.
Drake Star Partners, a global investment banking firm serving the technology, media and communications sectors, acted as exclusive financial advisor to Elgato Systems on this transaction and Bird & Bird served as legal advisor.
Jones Day served as legal advisor to CORSAIR.
About Elgato Systems
Elgato combines software with elegant hardware to create app-powered lifestyle technology defined by comfort, convenience, and control.
Since the launch of the award-winning EyeTV collection in 2002, the brand has evolved to embody Eve, an ecosystem of accessories for the connected home – and Elgato Gaming, a series of content creation tools for the connected generation.
Designed in Germany and California, Elgato products are distributed by major retailers in over eighty countries around the world.
CORSAIR is a world leader in providing high-performance PC peripherals and components to gamers, enthusiasts and eSports athletes.
Founded in 1994, CORSAIR has won thousands of awards for its products including mechanical keyboards, precision gaming mice, wireless headsets, high-performance components that gamers use to build gaming PCs, and the CORSAIR ONE fully-integrated gaming PC. For more information, visit http://www.corsair.com