SteelSeries Announced the acquisition of KontrolFreek, Industry leader in high performance controller accessories. The acquisition reinforces SteelSeries’ already strong presence in the console gaming market and prepares for further success in next-generation consoles. This is the second major acquisition this year after the acquisition of A-Volute, the creator of Nahimic and the leading independent developer of 3D sound solutions for games, in April.
SteelSeries has been a front-runner in the gaming industry for nearly 20 years, providing high-quality gaming peripherals to professional and enthusiast gamers across PCs and consoles. Its SteelSeries Engine software platform has millions of users each day and is integrated with popular games and applications. Over the years, the company has built and leveraged a strong brand to outpace the growth of the global category. The Arctis line of award-winning gaming headsets redefines the category and sets a new standard for gaming audio hardware excellence.
KontrolFreek is the creator of the world-renowned Performance Gaming Gear, including Performance Thumbsticks®, Precision Rings, Performance Grips, Gaming Cables, and other high-quality products for PlayStation, Xbox, Nintendo Switch, and PCs. KontrolFreek’s controller accessories provide gamers with solutions that improve accuracy, accuracy, and response time, regardless of platform.
KontrolFreek’s expertise in controller accessories is a perfect match for the expected future products of SteelSeries for console gamers and PC and mobile gamers who use controllers. The acquisition of the talented KontrolFreek team accelerates SteelSeries’ vision for the controller and accessories business. In addition, FreekNation, a community of KontrolFreek with over 4 million gamers, is a testament to the popularity and quality of our current product line.
“With next-generation consoles at the forefront of the gaming industry, there’s never been a better time to maximize our ability to provide console gamers with the best gaming experience and products.” Ehtisham Rabbani, CEO of SteelSeries, said: “We know that KontrolFreek’s expertise and worldwide popularity will open up new opportunities to entertain, delight and support new gamers around the world.”
“This is a big milestone for KontrolFreek.” Ashish Mistry, CEO of KontrolFreek, said. “It’s been more than a decade since we built our own brands and products, and we continue our mission to enhance the game globally, so it makes sense to work with SteelSeries to take both brands to the next level. I am. “
“The acquisition of KontrolFreek SteelSeries strengthened our position in the console game market. This was a key value creation initiative in our entry into the business. We look forward to synergies and further development of the KontrolFreek brand. “We are,” said Lars Cordt, a partner at Axcel, the controlling shareholder of SteelSeries.
KontrolFreek is a privately held company acquired by SteelSeries ApS. Both parties have agreed not to disclose financial terms.
For more information on SteelSeries, please visit SteelSeries.com.
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