Corsair to acquire Fanatec, the driving peripherals manufacturer, to avoid bankruptcy

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On May 8, exclusive negotiations were announced that Corsair will acquire Fanatec. These negotiations will lead Corsair to take over one of the largest manufacturers of driving simulation peripherals on the market today, which is suffering severe financial problems. Endor, parent company of the peripherals company, is in the process of bankruptcy due to the 70 million euros of debt it currently has. Corsair has reached an agreement whereby they will finance these short-term financial needs, leading to Endor ultimately being acquired by Corsair. Corsair adquirirá Fanatec cuerpo

Corsair to acquire Fanatec

Fanatec is a leading manufacturer of dedicated racing simulation hardware, including force feedback steering wheels, pedals and complete racing simulator cockpits for all consoles and PCs. This acquisition reinforces the investment Corsair has made in the simulation space and means it is uniquely positioned in the future to offer unparalleled simulation racing solutions.

Both Corsair and Endor management have released statements pointing to the benefit that both companies will gain from this acquisition, saving Endor from bankruptcy and strengthening Corsair’s position in the peripherals market, moving it to the podium of racing gaming device manufacturers.

We are very pleased to have found a strategic investor in Corsair who knows our market well and wants to invest for the long term.

For its part, Corsair offers a complete ecosystem of products that work together to enable everyone from casual gamers to committed professionals to perform at their best. This acquisition, could take the compatibility of its product management programs further by including some of Fanatec’s products in the list of ICUE-compatible devices, for example.

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