Turtle beach announces the purchase of roccat

Turtle Beach is a company present in the gaming sector. Although its name is not the best known to consumers, they have been progressing at a good pace. Something that was evident when the purchase of Roccat was announced this morning. A purchase estimated at $ 19.2 million. This is an important operation in this market segment.

Turtle Beach announces the purchase of Roccat

A purchase that has caught everyone by surprise, although it seems that the operation had been brewing for a few months. Although we haven't heard anything about it until now.

Roccat is acquired by Turtle Beach

Turtle Beach seeks to expand in the gaming market, therefore, this operation is a first step in this regard. So that his presence will be able to grow older. Also for Roccat it is an important step, which sees its increased presence in markets such as the United States and in new areas in Europe, apart from in Germany.

The purchase consists of $ 14.8 million in cash, $ 1 million in shares and $ 3.4 million in earnings payments, making up this total of $ 19.2 million from the purchase transaction. A purchase that changes the peripheral market a little, and that allows for a more competitive range of products.

At the moment we do not know anything else about the strategy that the two companies will follow in this regard, in their advance in the market. We may know more soon. But it is undoubtedly an important move by Turtle Beach, which wants to play in the main league in this sector.

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