Mad Catz Interactive, IncNYSEMKT
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%.