M&A - Turtle Beach Corp

Form Type: 10-K

Filing Date: 2025-03-17

Corporate Action: Acquisition

Type: New

Accession Number: 000095017025040292

Filing Summary: Turtle Beach Corporation aims to deliver high-quality gaming accessories and has solidified its position as a market leader in console gaming headsets for 15 consecutive years. This success is attributed to their innovative products that are compatible across various platforms, including Xbox, PlayStation, and Nintendo consoles. The company recently acquired Performance Designed Products (PDP) in 2024, which enhances its product lineup and market reach. Turtle Beach's diverse array of products now includes gaming controllers, flight simulation hardware, and various audio accessories that cater to different gamer segments. Their acquisition strategy also includes prior purchases like ROCCAT and Neat Microphones, reflecting a commitment to expand into comprehensive gaming peripherals. In 2024, Turtle Beach launched new racing simulation accessories, further extending its market presence. Overall, the company's strategy focuses on innovative product offerings, strong market share, and broad distribution through major retailers, supporting its objective of becoming a leading gaming accessory provider.

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