Logitech International announced that it has closed its acquisition of ASTRO Gaming, a leading console gaming brand with a history of producing award-winning headsets for professional gamers and enthusiasts, for $85 million all-cash deal.
Logitech is carving a deeper niche in the gaming peripheral market – via their acquisition from Skullcandy (a cutting edge headset manufacturer) of their ASTRO Gaming business – a leading console gaming brand with a history of producing award-winning headsets for professional gamers and enthusiasts.
ASTRO is a pioneer in gaming audio and lifestyle products and has a strong leadership position in the premium end of the global console gaming headset market. ASTRO is best known for its iconic A40 and A50 headsets designed for pro gamers and core enthusiasts.
Schellenberg Wittmer acted as Swiss legal counsel to Skullcandy on the deal with a team led by partners Oliver Triebold (corporate/M&A; in picture), Michael Nordin (Tax), Regula Portmann (Tax), and Zlatina Iliev (corporate/M&A).
Law Firms: Schellenberg Wittmer;