Saturday September 17, 2016

Logitech Acquires Saitek for $13 Million

Flight-sim aficionados should be familiar with Saitek and their catalog of flight sticks and controllers. The company has been bought by Logitech, which is evidently interested in jumping into the simulation community.

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.