In a surprise move, Logitech has agreed to acquire ASTRO Gaming for $85 million in cash. That brings ASTRO together with Logitech's Logitech G gaming division. This also makes Logitech one of the largest manufacturers of gaming peripherals in the industry.
"ASTRO is the leading player for premium console headsets and is the preferred headset for console esports athletes," said Ujesh Desai, vice president and general manager of Logitech G . "It's a perfect complement to Logitech G's focus on PC gaming and we couldn't be more excited; we love the team, the brand and the products. Together, we want to make game play even more fun for gamers everywhere."
"The whole team at ASTRO has always held Logitech and Logitech G products in the highest regard, so I’m ecstatic we are joining forces. ASTRO's brand strength combined with Logitech G's unrivaled technology and global distribution network is going to bring our products to even more gamers around the world," added ASTRO president and co-founder Jordan Reiss.
Logitech sees the investment in ASTRO as helping the company expand further into the console gaming market. Logitech G has console compatible headsets, but most of the effort is aimed at the PC space. In contrast, ASTRO has built a name for itself on Xbox and PlayStation platforms. Desai says as much in a blog post related to the announcement.
"ASTRO’s history of producing award-winning headsets for pro esports and console gamers perfectly complements the PC gaming expertise Logitech G is best known for," writes Desai. "With ASTRO laser focused on designing products for console gaming, and Logitech G focused on building the most advanced PC gaming gear, together we’ve got gamers covered no matter what platform they play on."
Logitech expects the ASTRO acquisition to close in early August.
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