Logitech to Acquire ASTRO Gaming

👤by Michael Pabia Comments 📅13.07.2017 08:25:36

Press Release

Logitech to acquire ASTRO Gaming, makers of award-winning console gaming headsets. This acquisition aims to put Logitech in the top spot as the #1 maker of PC gaming gear. With ASTRO gaming, Logitech aims to further expand its leadership in gaming headsets, mice, keyboards, streaming webcams and other gaming gears for both PC and console gaming.

Logitech will acquire ASTRO for $85 million USD and the entire acquisition procedure is expected to be completed by August 2017. The addition of ASTRO’s assets is an investment for Logitech in the adjacent console gaming market and to achieve a stronger long-term growth in Logitech’s gaming business.

"ASTRO is the leading player for premium console headsets and is the preferred headset for console esports athletes. 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 game play even more fun for gamers everywhere." - Ujesh Desai, vice president and general manager of Logitech G

About ASTRO Gaming
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.

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