FREMONT, CA, June 27, 2018 – CORSAIR®, a world leader in providing high-performance PC peripherals and components for gamers, enthusiasts and eSports athletes, today is pleased to announce that it has reached an agreement to acquire Munich-based Elgato Gaming.
Elgato’s connected home business, Elgato Eve, will continue as an independent, separate entity under the name Eve Systems.
Drake Star Partners, a global investment banking firm serving the technology, media and communications sectors, acted as exclusive financial advisor to Elgato Systems on this transaction and Bird & Bird served as legal advisor.
Jones Day served as legal advisor to CORSAIR.
About Elgato Systems
Elgato combines software with elegant hardware to create app-powered lifestyle technology defined by comfort, convenience, and control.
Since the launch of the award-winning EyeTV collection in 2002, the brand has evolved to embody Eve, an ecosystem of accessories for the connected home – and Elgato Gaming, a series of content creation tools for the connected generation.
Designed in Germany and California, Elgato products are distributed by major retailers in over eighty countries around the world.