Corsair Set To Acquire The Fanatec Product Line From Endor AG, Acquisition Is Expected To Close Within The Week; Endor Reported That Fanatec Product Sales Were ~$110M For 2023; Terms Of The Transaction, Not Disclosed
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Corsair (NASDAQ:CRSR) is set to acquire the Fanatec Sim Racing brand from Endor AG, with the acquisition expected to close within the week. Fanatec's 2023 sales were approximately $110 million.
September 16, 2024 | 1:05 pm
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Corsair is acquiring the Fanatec Sim Racing brand from Endor AG, expected to close within the week. This acquisition will enhance Corsair's position in the sim racing market, with Fanatec's 2023 sales at approximately $110 million.
The acquisition of Fanatec, a premium brand in sim racing, is likely to strengthen Corsair's product offerings and market position in the gaming industry. The reported sales of $110 million for 2023 indicate a significant revenue stream, which could positively impact Corsair's financial performance and stock price in the short term.
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