Logitech Branches Into PC Flight Sim Peripherals, Acquires Saitek for $13 Million
Logitech bought Saitek from MadCatz for $13 million in cash.
PC accessory company Logitech has acquired the Saitek brand and line of flight sim controller assets from MadCatz for $13 million in cash, the company announced today via press release. Saitek is best known for its flight simulator peripherals that are commonly used in games like Elite: Dangerous and Microsoft Flight Simulator X.
Logitech gaming vice president Ujesh Desai said in a blog post that the company is excited about becoming a "bigger part of the simulation community."
"We already make gaming wheels for the driving simulation market and this new line of products will provide an even more complete experience," he said. "We care about this space and want to do right by its fans. We have a vision that will take these products further, faster."
Desai added that more updates were on the way, as integration of Saitek's products into Logitech G's portfolio progresses. Saitek was founded in 1979 and acquired by MadCatz in 2007 for $30 million.
In related news, Logitech recently revealed its new mouse, keyboard, and headset lineup. Prices start at $70, and you can check them out for yourself here.