Gaming giant Razer has declared it will acquire Controller Gear, a California-based accessories brand for gamers. Offering accessories that improve and supplement the gamer’s lifestyle, Controller Gear makes authorized products and peripherals for Xbox, PlayStation, Nintendo, and other gaming comforts.
As indicated by an investigation, the comfort gaming market is expected to see 21% year-over-year growth in the upcoming year, with the absolute market value passing the US$200 billion mark by 2023.
Social separating necessities brought about by the COVID-19 pandemic have been credited with increased interest in comfort gaming, as the action offers engaging, simple, and moderately reasonable passage focuses to pretty much anybody.
With the acquisition, Razer fortifies itself as a top-notch major player in the gaming space and brings on board an organization that has been effectively developing since its establishment in 2014. Regulator Gear fellow benefactor and president Jon Buller will join Razer as overseer of item improvement.
“Notwithstanding worldwide market vulnerability brought about by the COVID-19 pandemic, the gaming business has kept on taking off higher than ever with support gaming exhibiting solid development potential as a center gaming fragment,” said Limeng Lee, boss technique official for Razer Inc. and CEO for Razer Fintech.
“The securing will additionally cement Razer’s predominant situation is serving three billion gamers worldwide through our environment of equipment, programming and administrations. We have an unimaginably strong monetary record with over US$500 million in real money and will keep on distinguishing exceptional organizations to enhance our gamer-driven environment.”