Corsair Set to Acquire the Fanatec Product Line from Endor AG
Corsair Gaming, Inc. (CRSR)
Company Research
Source: Business Wire
Acquisition of Premium Fanatec Brand Accelerates Corsair’s Investment in Sim Racing MILPITAS, Calif.--(BUSINESS WIRE)--CORSAIR® (Nasdaq: CRSR) announced today the signing of a definitive agreement to acquire the Fanatec Sim Racing brand and all associated personnel, in an asset purchase from Endor AG. The acquisition is expected to close within the week.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240916582811/en/Located in Landshut, Germany, Fanatec Sim Racing products include force feedback steering wheels and wheelbases, pedals, shifters and other accessories for PlayStation, Xbox, and PC-based racing simulators. Endor reported that Fanatec product sales were approximately $110 million for 2023 (unaudited). (Photo: Business Wire)Located in Landshut, Germany, Fanatec Sim Racing products include force feedback steering wheels and wheelbases, pedals, shifters and other accessories for PlayStation, Xbox, and PC-based ra
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CRSR
News
- Corsair Gaming surges as TD Cowen pleased with Q4 results, GPU commentary [Seeking Alpha]Seeking Alpha
- Corsair Gaming, Inc. (NASDAQ: CRSR) had its price target raised by analysts at Barclays PLC from $9.00 to $12.00. They now have an "overweight" rating on the stock.MarketBeat
- Corsair Gaming, Inc. (NASDAQ: CRSR) had its price target raised by analysts at Robert W. Baird from $8.00 to $11.00. They now have a "neutral" rating on the stock.MarketBeat
- Q4 2024 Corsair Gaming Inc Earnings Call [Yahoo! Finance]Yahoo! Finance
- Corsair Gaming targets $1.6B revenue in 2025 driven by GPU refresh and Fanatec integration [Seeking Alpha]Seeking Alpha
CRSR
Earnings
- 2/12/25 - Beat
CRSR
Sec Filings
- 2/14/25 - Form 8-K
- 2/12/25 - Form 8-K
- 1/3/25 - Form 4
- CRSR's page on the SEC website