Monday, April 29th 2013
Corsair in Acquisition Talks with Blackstone Group Consortium Member
Even as Corsair is looking to raise $78 million through an initial public offering (IPO), with a share price of $13, the company is reportedly in talks with Francisco Partners, a tech startup-focused venture capital company, over its possible acquisition. Francisco Partners was part of the consortium, which was led by Blackstone Group, to acquire Dell. This came to light when CNN unearthed an regulatory filing (PDF). Another theory doing rounds states that Corsair and Francisco Partners could be exploring other options than a buyout. In 2011, Corsair reported a revenue of $455 million, with net income of $19 million. In Q1 2012, it reported $132 million revenue, with $3 million net income. Corsair specializes in a wide range of gaming- and enthusiast-PC hardware, and peripherals.
Sources:
CNN, LegitReviews
29 Comments on Corsair in Acquisition Talks with Blackstone Group Consortium Member
I find it funny that you guys all want bigger cases like the 900d or a larger 550d. I would love it if they made a very compact matx case 550 style. One reason corsair is great is because they do have such a full product line and that it is not so far fetched to wish for such cases.
I am worried that being bought will diminish them. It might not happen right away but... I don't know. It might of happened anyways.
I almost hope getting bought might bring them down a peg or two, simply to level out the market a bit.