Are you a die-hard Corsair fan who’s been dreaming of buying shares in the company? Soon, you can.
As hinted by Forbes last week, the PC hardware and accessory giant has filed for an IPO, which means that it’s going public in the hopes of raising money for growth, potential acquisitions, and (hopefully) even better products.
“Corsair Gaming will list on the Nasdaq under the symbol CRSR and performance for the 12 months up to June 2020 stood at $1.3 billion in sales,” Forbes reported. “The company originally made its name in the PC industry selling memory or RAM, but expanded into power supplies, peripherals, cooling hardware and more recently streaming hardware courtesy of its acquisition of Elgato in 2018.”
That isn’t even Corsair’s most recent acquisition. Just last summer, Corsair bought custom-gaming-PC leader ORIGIN PC. “With the gaming PC market continuing to expand as an increasing number of players make the jump from console to PC, we wanted to do more to reach customers in North America that prefer to buy, rather than build, their system,” said Andy Paul (Founder and CEO of CORSAIR) at the time.
Corsair also acquired SCUF Gaming in December 2019 – a company best known for its customized Xbox and PlayStation controllers, which feature improvements such as paddles and replaceable components (e.g., analog sticks).