BRIEF

on Endor AG (isin : DE0005491666)

CORSAIR to Acquire Fanatec Sim Racing Product Line

CORSAIR® (Nasdaq: CRSR) has signed a definitive agreement with Endor AG to acquire the Fanatec Sim Racing product line. The transaction is expected to close imminently. The Fanatec headquarters will remain in Landshut and continue to develop future products. Existing employees will be retained.

Fanatec is known for its high-quality hardware in the Sim Racing industry, including force-feedback steering wheels, pedals, shifters, and complete cockpits for PlayStation, Xbox, and PC. The brand has a dedicated following of enthusiasts.

Andy Paul, CEO of CORSAIR, expressed enthusiasm for bringing Fanatec products to a broader audience. Andres Ruff, CEO of Endor AG, highlighted that CORSAIR shares Fanatec’s passion for innovation and quality.

CORSAIR plans to invest significantly in the Fanatec brand to ensure availability and quality customer support. The goal is to ensure prompt delivery of orders and maintain customer satisfaction during this transition.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Endor AG news