Turtle Beach enters gaming keyboard/mouse market with ROCCAT acquisition

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Turtle Beach, one of the leaders in gaming headsets, will soon be adding keyboards and mice to its portfolio with a pending acquisition of ROCCAT. ROCCAT is a German peripherals company which is more popular in Europe and Asia. While Turtle Beach will gain through ROCCAT’s European and Asian distribution, the latter will gain through Turtle Beach’s North American and European distribution as well.

We’ve reviewed both Turtle Beach and ROCCAT gear here at Techaeris over the past few years and both generally make quality peripherals for PC and other gamers. Turtle Beach is an industry leader in gaming headsets and for the past nine years have held over 40% of the console gaming headset market.

“This is a dynamic and strategically important deal for Turtle Beach. We are adding a complementary portfolio of PC gaming mice and keyboards, a skilled PC accessories team, and a highly synergistic distribution footprint.

Juergen Stark, CEO of Turtle Beach

Ranked as one of the top 10 gaming peripheral brands in Europe, ROCCAT’s portfolio includes gaming keyboards, mice, and headsets for PC gamers. Their recently released Vulcan keyboard introduced ROCCAT’s proprietary Titan mechanical switch and has become one of the top three best-selling gaming keyboards in Germany.

“We’ve long admired how Turtle Beach’s pioneering headsets have elevated gaming and it is an honor to join forces and bring our great products to more gamers. I have no doubt that combining ROCCAT’s strength in the PC peripherals market with Turtle Beach’s 45 years of experience, impressive technology, console dominance, and strong brand will bring even more victories to gamers around the world.”

René Korte, CEO of ROCCAT

Turtle Beach is acquiring ROCCAT for $14.8 million in cash, net of a working capital adjustment, $1 million in cash or stock (company option), plus up to approximately $3.4 million in earnout payments. The acquisition is expected to be completed in the second quarter of this year.

What do you think about Turtle Beach’s pending acquisition of ROCCAT? Let us know in the comments below or on Twitter, Facebook, or MeWe.

Last Updated on February 3, 2021.


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