Logitech to acquire ASTRO Gaming

Logitech International has announced that it has agreed to acquire ASTRO Gaming, a console gaming brand with a history of producing headsets for professional gamers and enthusiasts. Logitech and ASTRO, together, is the number one maker of headsets, mice, keyboards and streaming webcams for PC and console gamers.

ASTRO is best known for its A40 and A50 headsets designed for pro gamers and core enthusiasts. ASTRO’s recently introduced A10 expands the company’s reach in the console headset market, offering the essence of what makes their headsets premium.

Expected impact on financial results for Fiscal Year 2018 Logitech will purchase ASTRO for $85 million in cash, and the acquisition is expected to close in early August.