[ad_1]
Turtle Beach acquires ROCCAT for approximately $ 14.8 million, less a working capital adjustment, $ 1 million or in shares and up to about $ 3.4 million in price supplements. After completion of the transaction, scheduled for the second quarter, ROCCAT 2019 is expected to contribute about $ 20 to $ 24 million to the Turtle Beach business figure. The Company expects ROCCAT revenues to exceed $ 30 million by 2020 and the acquisition will have a positive impact on net earnings and earnings per share in 2020.
"It's a dynamic and strategic agreement for Turtle Beach" says Jürgen Stark, CEO of Turtle Beach. "We have an excellent portfolio more
more
Source link
