Friday , December 4 2020

Technology News Archive – GAMEtainment

Turtle Beach acquires ROCCAT for approx. $ 14.8 million, minus an adjustment to working capital, $ 1 million. or shares and up to approx. $ 3.4 million in earn-out payments. Following the completion of the transaction, which is expected in the second quarter, ROCCAT 2019 is expected to contribute about $ 20 to $ 24 million to Turtle Beach's revenue. The company expects ROCCAT products to exceed DKK 30 million. USD in 2020, and the acquisition will positively affect net income and earnings per share. Share in 2020.

"This is a dynamic and strategic deal for Turtle Beach" says jürgen strong, Managing Director of Turtle Beach. "We get a large portfolio more


Source link