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CORSAIR Announces Exclusive Multi-Year, Cross Brand Partnership with Call of Duty Franchise

CORSAIR, a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts, has announced an exclusive multi-year, full cross-brand partnership with the critically acclaimed Call of Duty franchise. This powerful new integration sees two of the world's best-known gaming brands come together for the first time. The collaboration will include several Call of Duty titles, beginning with the launch of the highly-anticipated Call of Duty : Black Ops 6, releasing on October 25. The collaboration will extend across multiple product categories at CORSAIR including Drop, Elgato, ORIGIN PC and SCUF Gaming. Specific products, additional categories and more details will be announced over time.

"Teaming up with the world-renowned Call of Duty franchise is the perfect fit for the CORSAIR family of brands and for gamers looking to achieve a complete and immersive experience," said Andy Paul, Founder and CEO of CORSAIR. "We are thrilled to have these two world-class brands come together as CORSAIR is set to deliver premium performance for Call of Duty players across all platforms - PC, console and mobile - whether playing, capturing content or streaming."

Corsair Gaming Reports Q2 2024 Financial Results, 100 People Getting Fired

Corsair Gaming, Inc. (Nasdaq: CRSR) ("Corsair" or the "Company"), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, and gaming PC builders, today announced financial results for the second quarter ended June 30, 2024, and its updated financial outlook for the full year 2024.

Second Quarter 2024 Select Financial Metrics
  • Net revenue was $261.3 million compared to $325.4 million in the second quarter of 2023, a decrease of 19.7%. Gaming Components and Systems segment net revenue was $167.1 million compared to $246.7 million in the second quarter of 2023, while Gamer and Creator Peripherals segment net revenue was $94.2 million compared to $78.8 million in the second quarter of 2023.
  • Net loss attributable to common shareholders was $29.6 million, or a net loss of $0.28 per diluted share, compared to net income of $1.1 million, or a net income of $0.01 per diluted share, in the second quarter of 2023.
  • Adjusted net loss was $6.8 million, or an adjusted net loss of $0.07 per diluted share, compared to adjusted net income of $9.8 million, or an adjusted net income of $0.09 per diluted share, in the second quarter of 2023.
  • Adjusted EBITDA was a loss of $1.2 million, compared to adjusted EBITDA of $17.8 million in the second quarter of 2023.
  • Cash and restricted cash was $94.6 million as of June 30, 2024.

Origin PC Dark Cherry Gaming PC Bundle Available Now

ORIGIN PC, a leader in custom high-performance systems, today announced the launch of their limited edition Dark Cherry bundle. The launch of this limited edition bundle marks a significant milestone, as it introduces a customizable gaming PC. This extraordinary package showcases stunning artwork by Corsair LAB and allows you to select the components that suit your preferences for a sleek gaming experience. Alongside the customizable PC, you will also receive a SCUF Envision controller, a Corsair K65 PLUS WIRELESS gaming keyboard, a Corsair M75 WIRELESS gaming mouse, and a Corsair MM300 mouse pad. This grand moment offers an unparalleled opportunity to create your ideal gaming setup.

The ORIGIN PC Dark Cherry PC is their inaugural Limited Edition System featuring customizable components. Now you can personalize your system and pick out the components of your choice to game, stream, and create with only the limit of your imagination. Characterized by its absolutely stunning Cherry Blossom imagery, the Dark Cherry PC is a sight to behold. Customize yours with the latest Corsair DDR5 memory plus a plethora of fast, reliable SSD storage to drastically improve performance and save every game, file, or program you need.

Introducing SCUF Nomad, Bringing SCUF's Innovative Performance and Functionality to Mobile Gamers

SCUF Gaming, proudly unveils its latest controller for mobile gaming, SCUF Nomad. This Made for iPhone Bluetooth controller brings performance features and ergonomics that SCUF has refined with competitive gamers to a mobile controller. Leveraging SCUF's many years of design expertise and history of competitive excellence with console and PC gamers, Nomad is crafted to provide a premium mobile gaming experience in a compact design that can be taken anywhere.

According to Jake Tenorio, Director of Product Marketing at SCUF Gaming, "Nomad's contoured grips and full-size triggers are inspired by SCUF's innovative paddle controllers, reimagined for mobile. Nomad is a controller designed to feel natural in your hands," Tenorio said. "Many mobile controllers don't prioritize comfort, which directly affects your gaming performance and how long you can play. SCUF's design philosophy is an ergonomics first approach, which is something customers will notice immediately when they pick up the Nomad for the first time."
SCUF NOMAD SCUF NOMAD SCUF NOMAD SCUF NOMAD

SCUF Gaming & Avenged Sevenfold Collaborate on New Limited Edition Controllers

SCUF Gaming, creator of the high-performance gaming controller category, has announced a collaboration with Avenged Sevenfold to celebrate the band's new album, "Life Is But A Dream..." Together, they've created new limited-edition SCUF Instinct Pro and SCUF Reflex FPS controller bundles decked out with the album's instantly recognizable imagery and artwork from renowned artist Wes Lang.

To commemorate "Life Is But A Dream…", Avenged Sevenfold has partnered with SCUF Gaming to drop a pair of exclusive controller bundles. Each jam-packed bundle comes with your choice of a SCUF Instinct Pro or SCUF Reflex FPS controller, an exclusive signed Avenged Sevenfold seven-inch vinyl record, a certificate of authenticity, and passionately crafted packaging, all clad in the band's iconic sepia-toned ink-sketch Wes Lang-painted album artwork. Now, hardcore Avenged Sevenfold fans can rock out in style as they play on a uniquely designed controller that's unmistakably A7X.

SCUF Gaming Unveils SCUF Envision, the Game-Changing PC Controller

SCUF Gaming, creator of the high-performance gaming controller category, today announced the launch of its groundbreaking new line of PC controllers, SCUF Envision. Designed specifically for PC gamers, SCUF Envision redefines the PC gaming experience with its unprecedented customization and cutting-edge technology. Offering an unparalleled level of control, SCUF Envision grants PC gamers a decisive competitive advantage, with the additional control options that have made SCUF controller synonymous with competitive gaming. Within a familiar shape, 11 additional remappable inputs compared to standard controllers, empower gamers to create a controller layout that suits their unique playstyle and puts every control within easy reach, for when it matters most.

"Our vision is to provide PC gamers who choose to play with a controller the best possible experience in their favorite games," said Bertrand Chevalier, GM of SCUF Gaming. "Before Envision, players settled for performance on controllers that weren't optimized for PC gaming. Now, with Envision, they have more control, and faster responses, all on a platform tailor-made for PC."

SCUF Gaming Introduces New Universal Thumbstick Grips Set

SCUF Gaming, creator of the high-performance gaming controller category, today introduced its new line of Universal Thumbstick Grips. The new thumbsticks give any gamer the SCUF thumbstick experience of added performance and increased grip, regardless of the type of controller they use. SCUF's Universal Thumbstick Grips will take almost any existing controller to a higher level, giving gamers the feel of precision, accuracy, and movements of a SCUF thumbstick, on their existing controller. "The launch of our Universal Thumbstick Grips is a reflection of our commitment to giving all gamers the ability to experience the SCUF advantage," said Diego Nunez, Vice President of Gaming Marketing at CORSAIR. "With this new offering, you can gain a functional advantage in movement and gameplay by simply upgrading your existing controller."

SCUF Universal Thumbstick Grips are available in three different variants, Tactic, Catalyst, and Pulse, so gamers can tailor their experience based on personal preference and style of play. Tactic replicates the shapes found on SCUF controller thumbsticks which have provided professional and competitive gamers around the world additional performance, comfort and grip for many years. Tactic comes in 2 styles (concave and domed) 3 colors (black, red, and blue) and 2 lengths (short and tall). Light Gray Universal Thumbstick Grips will also be available in early 2023.

SCUF Gaming Partners with Coca-Cola to Create Limited Edition Gaming Peripherals

SCUF Gaming, creator of the high-performance gaming controller category (NASDAQ:CRSR), today announced a collaboration with Coca-Cola that features a run of limited-edition SCUF Reflex Pros, SCUF H1 headsets, CORSAIR K65 keyboards, and CORSAIR mouse pads. These specially designed products, including the custom designed SCUF Reflex Pro Byte, are inspired by Coca-Cola Byte, the latest product from Coca-Cola's new global innovation platform, Coca-Cola Creations.

"We're known for innovation and the power of connection that we bring to our products. This opportunity with Coca-Cola and the Byte collection offers our community uniquely designed products at the intersection of creativity, gaming and culture." said Diego Nunez, Vice President of Gaming Marketing at CORSAIR. "We're thrilled to partner with Coke on such an exciting launch and hope they enjoy these limited-edition items."

SCUF Gaming Unveils SCUF Reflex - The First High-Performance Controllers Created for PS5

SCUF Gaming, creator of the high-performance gaming controller category, today introduced SCUF Reflex, Reflex Pro, and an inaugural first-person shooter model, Reflex FPS. All three models of the Reflex controller are designed specifically for PlayStation 5 (PS5). SCUF Reflex encompasses all the groundbreaking features synonymous with SCUF excellence, delivering a heightened experience created specifically with PS5 gamers in mind. Reflex, Reflex Pro, and Reflex FPS include the patented paddle control system that helped make SCUF controllers the premier choice of competitive players everywhere - with an evolved controller design to improve performance for PlayStation gamers.

"PlayStation fans are an integral part of SCUF's history," said Diego Nunez, Vice President of Gaming Marketing at CORSAIR. "They desire speed, durability, comfort, and adaptability and SCUF Reflex delivers them all. Our team has spent months perfecting the design to create the optimal PS5 controller. We're proud to have created a controller worthy of the PS5 community that equips them with heightened performance on the newest console generation."

SCUF Gaming Launches the First Wireless Performance Controller Designed for Xbox Series X|S

SCUF Gaming, a leader in the design and manufacturing of high-performance gaming controllers, today introduces the Designed for Xbox SCUF Instinct and Instinct Pro, created specifically for the Xbox Series X|S.

SCUF Instinct incorporates all of the innovative features gamers expect from SCUF - including the patented paddle control system that helped make SCUF controllers the premier choice of competitive players everywhere - with an evolved controller design to improve performance for Xbox fans. Both Instinct and Instinct Pro include four embedded back control paddles, which can be programmed to replicate the ABXY buttons. Their refined ergonomic shape enables better control for a wide variety of hand sizes, with millions of customization options to suit all gamers including interchangeable faceplates, thumbsticks, and D-pads.

SCUF Instinct Pro additionally offers new adjustable Instant Triggers, giving gamers the ability to choose between regular or instant-action at the flick of a switch. Instant Triggers eliminate the trigger pull, activating immediately with a one-tap motion, similar to a mouse click - ideal for fast-paced shooters. You can always switch back to regular triggers and be ready to play your favorite racing game. Instinct Pro also includes High-Performance Grip.

Valve Ordered to Pay 4 Million USD in Damages to Corsair over Steam Controller Patent Infringement

Valve has recently been ordered to pay 4 million USD in damages after they knowingly infringed on patents owned by Ironburg Inventions with the Steam Controller rear grip button design. Ironburg Inventions is the IP-holding arm of controller manufacturer SCUF who was acquired by Corsair in late 2019. Valve was warned by Ironburg Inventions in 2014 that their Steam Controller infringed on their patent relating to rear-side control surfaces. Valve ignored the warning and went on to produce 1.6 million units before discontinuing the device in 2019. The Jury awarded Ironburg Inventions 4 million USD in damages and found that Valve willfully infringed on Ironberg's patents which opens them up to further litigation. Corsair has published a statement on the case which can be found below.

Take Your Game to The Next Level - CORSAIR Acquires Gamer Sensei

CORSAIR, a world leader in high-performance gaming peripherals and enthusiast components, is pleased to announce it has acquired Gamer Sensei, the world's biggest esports coaching platform. Founded in 2016, Gamer Sensei connects gamers of all skill levels, from rookies to aspiring professionals, with experienced coaches who are more than just top gamers - they're great teachers.

Ranging from professional gamers, both past, and present, to gamers who have climbed the ranks to the very top of their games, Gamer Sensei coaches combine the skills to succeed at the highest level of games, with a patient, tailored and flexible approach to help you improve your in-game performance. Whether you're learning the ropes, climbing the ranks, or polishing your skills to the highest level, Gamer Sensei coaches provide personalized assessments and 1-on-1 coaching for more than 20 of today's most popular games, from League of Legends and DOTA 2 to Fortnite and Call of Duty: Warzone.

CORSAIR Agrees to Acquire SCUF Gaming, Adding Premium Gaming Controllers to its Portfolio

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.
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