Mad Catz Acquires Saitek
Mad Catz Interactive, Inc. announced today that it has entered into a definitive agreement to acquire 100 percent of the shares of the private holding company that owns Saitek’s worldwide operations. Saitek is a leading worldwide provider of PC games accessories, PC input devices, multimedia audio products, chess and intelligent games.
Saitek’s product lines include PC games accessories, PC input devices, multimedia audio products, chess and intelligent games. In addition to representing a strategically complementary product line to Mad Catz’ broad range of console videogame offerings, Saitek’s comprehensive range of PC peripherals allows Mad Catz to further strengthen its retail distribution network, particularly in Europe, where Saitek generates more than fifty percent of its revenues.
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