Logitech acquisition to aid move into VR
Logitech has announced the acquisition of Saitek from MadCatz for the price of U$13 million in cash. Logitech has strongly hinted the deal is to help the company move into the virtual reality market. VR is becoming more commercially viable and the move places Logitech in the company of other technology giants such as Google, Facebook and Microsoft.
Ujesh Desai, head of Logitech’s gaming peripherals brand Logitech G said in a blog this weekend; "There’s a whole list of reasons why this makes us excited. First, these products are just great. Second, simulation games are cool and getting cooler. Whether you’re into driving, flying or exploring space, there are fresh new titles available and more to come. Some of these titles are even VR enabled and we believe that dedicated controllers will stimulate and enhance the total VR experience.
"Last and most importantly, we’re excited to be a bigger part of the simulation community. We care about this space and want to do right by its fans. We have a vision that will take these products further, faster. Stay tuned for future updates, as we further integrate the Saitek products into our overall Logitech G portfolio."