MCZ
Mad Catz Interactive, IncNYSEMKT
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  • Thu, Sep. 15, 7:01 PM
    • Logitech (LOGI +0.8%) has acquired the Saitek line of flight and space simulation controllers from Mad Catz (MCZ -4%).
    • Logitech paid $13M in cash. It'll add the controller line to its Logitech G gaming portfolio, including its racing-game steering wheels.
    • “We’re pleased with this tuck-in acquisition of the Saitek product portfolio," says Logitech's Ujesh Desai.
    • After hours: LOGI -1%; MCZ +28.8%.
    | Thu, Sep. 15, 7:01 PM | 4 Comments