Logitech Acquires Mad Catz’s Saitek for $13 Million

September 17, 2016, Logitech announced that they have completed the process of acquiring the Saitek Controllers, a worldwide leader in custom sim hardware owned by Mad Catz at the time.

Logitech is a Swiss global computer and tablet accessories provider who has been expanding its product line over the years. The acquisition of Saitek costs Logitech 13 million dollars and is expected to be a privilege to their current business.

Saitek might be a good leverage for Logitech to tap the sim hardware market. We are excited to see how Logitech will move after this acquisition and lead Saitek into its next business phase in the near future!