Logitech International has agreed to acquire ASTRO Gaming for $85 million in cash, and the acquisition is expected to close in early August. With the addition of ASTRO, the company is investing in an adjacent gaming market – the console gaming market – to help accelerate the long-term growth of its gaming business.
Both the companies together are the number one maker of headsets, mice, keyboards and streaming webcams for PC and console gamers. 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….Read More