Corsair enters the Racing Sim market through the acquisition of Fanatec

Corsair has made several key acquisitions in recent years, acquiring companies such as Scuff Gaming and Elgato to expand into new product categories. Corsair’s dominance in the world of gaming peripherals looks set to continue, with the company currently planning to acquire Fanatec, a leading brand in the Racing Sim scene.

Fanatec is currently owned by Endor AG. Corsair has entered into an agreement to acquire Endor following a company restructuring that will reduce Endor’s debt, which currently stands at around €70 million. Exactly how much money Corsair will spend on this acquisition has not been disclosed.

Once everything is complete, Corsair will become the new owner of Fanatec, giving the company a solid foothold in the racing gaming market. Fanatec has previously produced products under license from leading car manufacturers such as BMW, Porsche and McLaren. These peripherals were also often supported by mainstream racing games.

Commenting on the acquisition, Corsair CEO Andy Paul said: “Fanatec is an incredible brand with a strong community. This transaction would resolve the company’s significant debt and ensure its continued growth and product portfolio.”

KitGuru says: It looks like Corsair will be moving into racing wheels and pedals soon.

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