Steelseries was acquired by Axcel in a $300M deal.
The transaction has the financial details undisclosed and, according to the Danish media, puts a DKK 2bn ($300M) valuation on the company. The founder, Jacob Wolff-Petersen, and management will re-invest alongside Axcel.
SteelSeries, founded as Soft Trading by Jacob Wolff-Petersen in 2001, manufactures computer peripherals targeted towards serious gamers including headset, mice, mice pad, keyboard, and other gaming gears. SteelSeries has become the leading premium brand in the gaming category, offering the most advanced integrated software and hardware platform for professional and enthusiast gamers alike playing across all modalities.