SteelSeries acquired KontrolFreak, the Performance Gaming Gear Company

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SteelSeries announced the acquisition of KontrolFreak, a well-known manufacturer of controller accessories. KontrolFreak has created products ranging from performance controllers, precision rings, performance grips and gaming cables. This recent acquisition will be SteelSeries’ second major acquisition in the past year after its A-Volute acquisition.

SteelSeries acquired the world famous KontrolFreak, and this after the acquisition of A-Volute

The gaming peripherals company just completed its second major acquisition, SteelSeries acquired the controller accessories company from KontrolFreak. The CEOs of SteelSeries and KontrolFreak have both made statements regarding the acquisition. The markets for SteelSeries and KontrolFreak are incredibly similar, as SteelSeries creates various controllers while KontrolFreak creates controller accessories.

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Source: SteelSeries

Ehtisham Rabbani, CEO of SteelSeries, said: “With next-gen consoles at the forefront of the gaming industry‘s mind, there has never been a better time to maximize our ability to deliver the best experiences. and gaming products for console gamers; With the expertise and global popularity of KontrolFreek, we know they will open up new opportunities to entertain, delight and support new players across the globe.

Axcel partner, SteelSeries majority shareholder Lars Cordt said: “With the acquisition of KontrolFreek, SteelSeries strengthens its position in the console games market, which was a key value creation initiative for us. entering the company We look forward to realizing synergies and further developing the KontrolFreek brand.

Ashish Mistry, CEO of KontrolFreek, said: “This is an important milestone for KontrolFreek; after more than 10 years of building our own brand and products, and as we continue our mission to improve the game globally, it made perfect sense to join forces with SteelSeries to bring both brands at the top level.

KontrolFreak has a large community of over 4 million players called FreakNation which shows how influential they are in the performance gaming gear market. This popularity grew out of KontrolFreak’s expertise in creating performance games for various consoles and PCs.

This is SteelSeries’ second significant acquisition following the acquisition of A-Volute, the leading independent developer of 3D sound solutions for games. The acquisition of A-Volute took place in April. These two acquisitions will allow SteelSeries to have much broader development options for their controllers and peripherals.


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