October 18, 2018

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HOME NEWS Vendor › Corsair to acquire Elgato Gaming

Corsair to acquire Elgato Gaming

by Stuart Wilson, Thursday 28 June 2018

Elgato Thunderbolt 3 Dock
Elgato Thunderbolt 3 Dock

Corsair, a vendor of high-performance PC peripherals and components for gamers, enthusiasts and e-sports athletes, has reached an agreement to acquire Munich-based Elgato Gaming. Elgato’s connected home business, Elgato Eve, will continue as an independent, separate entity under the name Eve Systems. Designed in Germany and California, Elgato products are distributed by major retailers in over eighty countries around the world.

Elgato combines software with hardware to create app-powered lifestyle technology defined by comfort, convenience, and control. Since the launch of the award-winning EyeTV collection in 2002, the brand evolved to create Eve, an ecosystem of accessories for the connected home, and Elgato Gaming, a series of content creation tools for the connected generation.

Drake Star Partners, a global investment banking firm serving the technology, media and communications sectors, acted as exclusive financial advisor to Elgato Systems on this transaction and Bird & Bird served as legal advisor. Jones Day served as legal advisor to Corsair.

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