Corsair is about to acquire racing sim company Fanatec

  • 📰 verge
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

Corsair has entered exclusive negotiations to acquire the racing sim brand Fanatec, the companies announced.

Corsair is pursuing an acquisition of the racing sim brand Fanatec. In an update shared on Thursday, Corsair says it’s negotiating with Fanatec to restructure the troubled company’s around €70 million debt and cover short-term costs. Over the years, Fanatec has established itself as one of the most popular brands for racing sim hardware.

Fanatec customers have flooded forums with complaints about the company’s inability to fulfill orders on time and lack of customer support. Fanatec also delayed the launch of its ClubSport DD+ racing wheelbase over licensing issues. These problems have drawn customers to hardware from rivals like Simagic or Logitech instead.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in BUSİNESS

Business Business Latest News, Business Business Headlines