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CORSAIR Agrees to Acquire SCUF Gaming®

Tags: Corsair

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PRESS RELEASE

FREMONT, CA – December 16th, 2019, 7am PST – CORSAIR®, a world leader in high-performance gaming peripherals and enthusiast components, is pleased to announce that it has agreed to acquire high-performance controller pioneer SCUF Gaming “SCUF®” and its extensive patent portfolio. The transaction is expected to complete by the end of December 2019.

Since launching in 2011, SCUF has recognized that one size does not fit all and set a new standard for performance controllers for use with Xbox, PlayStation, and PC. SCUF radically changed the way controllers are used by redesigning the layout of a controller to increase hand use and improve performance,matching the evolving complexities of competitive games.

In comparison to generic game controllers, SCUF controllers are modular by feature and design, built to specification to shorten hand movements and gain a measurable performance advantage, making it easier for players to tailor the controller to their individual preferences. SCUF controllers feature a vast range of configurable components, including a patented paddle control system, removable back paddles, a quick-access remapping switch, customizable thumbsticks, hair trigger, trigger stops and extenders, choice of D-pads, and an interchangeable magnetic faceplate.

“We are thrilled to greatly expand our portfolio of industry-leading peripherals and enter the gaming controller space to help gamers play at their best,” said Andy Paul, Founder and CEO of CORSAIR. “SCUF leads the market for performance controllers and are a key ingredient to the success of countless esports professionals. SCUF will make an excellent and winning addition to the vast lineup of award-winning CORSAIR and Elgato products.”

“Over the last ten years, we’ve worked tirelessly to create the features that have made SCUF the preferred controller for the majority of top professional gamers. Controllers are the single most important connection between an individual and their game, becoming an extension of the player to maximize their performance,” said Duncan Ironmonger, Founder and CEO of SCUF Gaming. “We are delighted to join forces with CORSAIR, who share similar DNA to SCUF with regards to innovation and design in the gaming market. CORSAIR has the operational scale and network to help us bring our innovation to even more gamers.”

SCUF is a strong enthusiast gaming brand with an expansive IP portfolio and deep partnerships within the esports space. SCUF has a loyal affiliate network and is a licensed partner of Activision for Call of Duty, as well as the official controller partner of many gaming leagues including the NBA 2K League and eMLS.

SCUF Gaming will remain a separate brand within the CORSAIR family and will continue to operate from its HQ in Atlanta, as well as regional offices. All existing SCUF Gaming warranties, purchases, and support are unaffected and will continue to be provided by SCUF Gaming.

Jones Day served as legal advisor to CORSAIR. McDermott Will & Emery served as legal counsel to SCUF Gaming. Stifel served as exclusive financial advisor to SCUF Gaming.

Video

To view the CORSAIR/SCUF Announcement video click here:
https://youtu.be/gOyZ2ffU2D0

About CORSAIR

Founded in 1994, CORSAIR has grown from pioneering the high-performance DRAM market into one of the world’s leading providers of high-performance gaming and streaming products. CORSAIR offers a complete range of products to equip gamers, enthusiasts, and esports athletes, including mechanical keyboards, precision gaming mice, wireless headsets, premium PC components, and the CORSAIR ONE fully-integrated gaming PC. With a company-wide commitment to quality, innovative design, advanced features and high-performance, CORSAIR products have won thousands of media and industry awards, earning their place in gamers’ hands and PCs following years of development and engineering by a team dedicated to building great products that they themselves would want to use.

In 2018 CORSAIR acquired Elgato Gaming, a manufacturer of streaming products. In 2019 CORSAIR acquired Origin Computers, a manufacturer of custom high-performance gaming PCs and laptops.

About SCUF Gaming

SCUF Gaming “SCUF®”, is an innovator and creator of high-performance gaming controllers, provides superior accessories and customized gaming controllers for console and PC that are used by top professional gamers as well as casual gamers. Built to specification, SCUF controllers offer a number of functional and design features custom built to increase hand use and improve gameplay. SCUF controller features are covered by 103 granted patents, and another 55 pending, focusing on four key areas of a controller: the back-control functions and handles, the trigger control mechanisms, the thumbstick control area and the side-mounted configurable Sax™ button placements. For additional information about SCUF Gaming®, please visit scufgaming.com or follow us on TwitterFacebookInstagramYouTube or Twitch.