Turtle Beach, a manufacturer of gaming headsets and accessories, has acquired Neat Microphones, a manufacturer of high-quality digital USB and analog microphones. The company, based in San Diego, California, did not disclose the terms of the deal. However, the acquisition will allow the company to enter the $ 2.3 billion global microphone market.
The entire Neat Microphones team, including founders Skipper Wise and Martins Surespurens, will join Turtle Beach as part of the deal. The company also adds nearly 40 Neat patents and nearly 70 Neat trademark registrations to its portfolio.
Founded in 1975, Turtle Beach began manufacturing gaming headsets in 2005. Today, it is one of the world’s leading gaming accessory providers. The company also manufactures keyboards, mice, headsets, mouse pads and other PC accessories under the ROCCAT brand. The acquisition of Neat Microphones is now aimed at further diversifying our product portfolio into new categories, more precisely microphones.
The Neat Microphones leadership team (now owned by Logitech), which co-founded Blue Microphones in 1995, has extensive industry experience. Turtle Beach hopes that the acquisition will enable rapid entry into the fast-growing global microphone market. The acquisition will increase the combined addressable market for the company’s diverse products from $ 5.1 billion to $ 7.4 billion.
Juergen Stark, CEO of Turtle, said: Beach Corporation. “Neat is the perfect legacy of Turtle Beach’s 45 years of audio innovation and expertise.”
Turtle Beach Acquires Neat Microphones
As more people work from home, Mike has become a staple technology in 2020. This trend is likely to continue for the foreseeable future, and Turtle Beach wants to take advantage of it.
Neat Microphones products complement the current products of Turtle Beach and ROCCAT consoles and PC accessories. However, the Mike company seems to operate relatively independently under the new ownership.
“The market is ready for a new, high-quality, easy-to-use portfolio of digital microphones,” said Skipper Wise, president of Neat Microphones. “In 2021, NEET will launch some new and updated versions of our most popular analog and digital microphones.” Hopefully the company will also maintain its own design language.
“A decent team has changed the way people see, use and evaluate high-quality recording tools, and they are set to do it again after 2021 as part of Turtle Beach. “We will,” the company said in a press release.
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