Mad Catz consumes Saitek
Game peripheral company Mad Catz has just acquired Saitek in a $30 million deal.
You know when you're playing video games at a friend's house and you have to use the "bad" controller while he uses the one that came with the system? Mad Catz is probably the company that made that "bad" controller, and it just got bigger.
According to Kotaku, Mad Catz just acquired PC accessory maker Saitek in a $30 million dollar deal. Saitek produces PC gamepads, joysticks, keyboards, and audio devices, and the company's purchase could indicate that Mad Catz is looking to expand its meager line of PC products. News of this merger comes just two months after Mad Catz acquired Joytech, another game-accessory company. Hopefully all of these new development and manufacturing resources will prompt Mad Catz to produce better controllers.