Logitech has announced that they are buying Astro Gaming and the company will be paying $85 million in cash for the acquisition.
Astro Gaming makes gaming headsets and their devices are popular with esports players so it is a good acquisition for Logitech.
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.”
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 find out more details about the deal between Logitech and Astro Gaming over a Logitech at the link below.
Source Logitech
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