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Mad Catz Acquires Saitek

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14 replies to this topic

#1
Alexzero77

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Source

"SAN DIEGO--(BUSINESS WIRE)--Nov. 14, 2007--Mad Catz Interactive, Inc. (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider, announced today that consistent with its strategy to further diversify its products and geographic distribution capabilities, it has entered into a definitive agreement to acquire 100 percent of the shares of the private holding company that owns Saitek's worldwide operations. Saitek is a leading worldwide provider of PC games accessories, PC input devices, multimedia audio products, chess and intelligent games. In particular, Saitek enjoys a leadership position in flight simulation controllers and has established a strong position in keyboards for PC games. In its latest fiscal year ended February 28, 2007, Saitek generated over $43 million of net sales and its gross margins exceeded those generated by Mad Catz in its latest twelve months. Mad Catz expects the acquisition to be accretive to its fiscal 2008 earnings and cash flow."

I've know Mad Catz for fucking up one of my old N64s. icon_sad.gif

#2
DHC

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NOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!


i liked saitek so much icon_sad.gif i dont know what id do without my executive keyboard

why do they have to die like this?

#3
teh_pVp3r

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Damn, I was hoping on buying the new Saitek Keyboard icon_sad.gif


#4
DHC

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QUOTE (teh_pVp3r @ Jan 12 2008, 05:01 PM) <{POST_SNAPBACK}>
Damn, I was hoping on buying the new Saitek Keyboard icon_sad.gif


well, the current model is just fine

we only need to be wary once madcatz actually buys the company, and subsequent manufacturing of later products

#5
teh_pVp3r

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QUOTE (Han Solo @ Jan 12 2008, 02:07 PM) <{POST_SNAPBACK}>
well, the current model is just fine

we only need to be wary once madcatz actually buys the company, and subsequent manufacturing of later products


I agree, I like the current model however, I want one with a few macro keys.


#6
Alexzero77

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Yeah anything Cyborg keyboard and below is the same great quality. I think Mad Catz are probably going to release Saitek-branded peripherals to consoles as "high-end" products, as opposed to their shitty controllers and cables. Keep well away from those.

It was just like Interplay, GameShark was the BOMB with Pokemon Red and Blue (getting Mew before the glitch was discovered). It may have had the tendency to screw up other peoples games, but when Mad Cats bought them, the GBA GameShark was guaranteed to fuck something up.

#7
Love Duckie

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Yeah I had a Mad Catz controller for PSOne, with all the stupid and silly turbo buttons.

Didn't last long. luls.

#8
KuroFalcon

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*lighsaber sound*

I am not pleased.

QUOTE (Mares @ Aug 22 2008, 08:04 PM) <{POST_SNAPBACK}>
kuro is MY LOVABOY!!!!!!!!!!!!!!!!!!!!!!


#9
ReggeX

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I had a psx controller with a turbo button that always seemed to activate whenever ANY button on the controller was pushed.
CS:Source - CS:1.6 - Warcraft 3 TFT DotA - TF2


QUOTE (7h3 n00b m4573r @ Jan 18 2008, 07:09 AM) <{POST_SNAPBACK}>
theres no point arguing with an idiot, they just bring you down to their level and beat you with experience :P

#10
TheBlackOut

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Old news is old...

But I doubt the quality of Saitek equipment will fade.


Turkey Llama Confederation (WE MUST FIGHT TO PROTECT IT!)

#11
RaiDer

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epic fail.

#12
TheBase

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QUOTE (Han Solo @ Jan 12 2008, 04:48 PM) <{POST_SNAPBACK}>
NOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!


i liked saitek so much icon_sad.gif i dont know what id do without my executive keyboard

why do they have to die like this?

This is really off topic but, are you Han solo? Or is Han solo another mod?

#13
Revelstoke

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heh logitech ftw

#14
borgleader

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god darnit...I hate mad catz. their products sucks and saitek stuff rocks. this is a sad day.

By lil hades 87

#15
XxnickpwnsxX

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Mad catz suck, but who knows maybe something good can come out.




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