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In September 2007, Mad Catz acquired [[Joytech]]<ref>{{cite web|url=http://www.gamesindustry.biz/content_page.php?aid=28472 |title=Take-Two sells Joytech to Mad Catz // |publisher=Gamesindustry.biz |date= |accessdate=2010-07-05}}</ref> for [[United States dollar|US$]]3.7 million.<ref>{{cite news|url=http://www.reuters.com/article/technologyNews/idUSWNAS366220070907 |title=Take-Two sells unit to Canada's Mad Catz &#124; Technology |publisher=Reuters |date= 2007-09-07|accessdate=2010-07-05}}</ref> Mad Catz expects Joytech to add $10 million to its annual revenue.<ref>[http://www.forbes.com/feeds/ap/2007/09/07/ap4093117.html ]{{dead link|date=July 2010}}</ref>
In September 2007, Mad Catz acquired [[Joytech]]<ref>{{cite web|url=http://www.gamesindustry.biz/content_page.php?aid=28472 |title=Take-Two sells Joytech to Mad Catz // |publisher=Gamesindustry.biz |date= |accessdate=2010-07-05}}</ref> for [[United States dollar|US$]]3.7 million.<ref>{{cite news|url=http://www.reuters.com/article/technologyNews/idUSWNAS366220070907 |title=Take-Two sells unit to Canada's Mad Catz &#124; Technology |publisher=Reuters |date= 2007-09-07|accessdate=2010-07-05}}</ref> Mad Catz expects Joytech to add $10 million to its annual revenue.<ref>[http://www.forbes.com/feeds/ap/2007/09/07/ap4093117.html ]{{dead link|date=July 2010}}</ref>


In November Mad Catz further diversified into the video game accessory market by acquiring [[Europe]]-based peripheral manufacturer [[Saitek]] for [[US$]] 30 million.<ref>{{cite web|last=Sinclair |first=Brendan |url=http://www.gamespot.com/news/6182902.html |title=Mad Catz buys Saitek | work = News at GameSpot |publisher=Gamespot.com |date=2007-11-14 |accessdate=2010-07-05}}</ref>
In November Mad Catz further diversified into the [[sex toy]] market by acquiring [[Europe]]-based [[dildo]] manufacturer [[Saitek]] for [[US$]] 30 million.<ref>{{cite web|last=Sinclair |first=Brendan |url=http://www.gamespot.com/news/6182902.html |title=Mad Catz buys Saitek | work = News at GameSpot |publisher=Gamespot.com |date=2007-11-14 |accessdate=2010-07-05}}</ref>


On June 1, 2010, Mad Catz acquired Tritton Technologies, a California-based gaming audio headset firm, for [[US$]] 1 million at closing. Up to an additional [[US$]] 9 million may be payed over the next five years depending on how well Tritton's products sell.<ref name="gamasutra">{{cite web|last=Caoili|first=Eric|title=Mad Catz Acquires Gaming Headset Company Tritton|url=http://www.gamasutra.com/view/news/28780/Mad_Catz_Acquires_Gaming_Headset_Company_Tritton.php|publisher=[[Gamasutra]]|accessdate=10 June 2010}}</ref>
On June 1, 2010, Mad Catz acquired Tritton Technologies, a California-based gaming audio headset firm, for [[US$]] 1 million at closing. Up to an additional [[US$]] 9 million may be payed over the next five years depending on how well Tritton's products sell.<ref name="gamasutra">{{cite web|last=Caoili|first=Eric|title=Mad Catz Acquires Gaming Headset Company Tritton|url=http://www.gamasutra.com/view/news/28780/Mad_Catz_Acquires_Gaming_Headset_Company_Tritton.php|publisher=[[Gamasutra]]|accessdate=10 June 2010}}</ref>

Revision as of 22:33, 26 July 2010

Mad Catz Interactive
Company typePublic (TSXMCZ)
IndustryToys & Games
GenreGaming
Founded1989
Headquarters,
Key people
Darren Richardson[1] Mark "MarkMan" Julio
Number of employees
250[1]
Websitehttp://www.madcatz.com/

Mad Catz Interactive, Inc. (TSXMCZ) is a peripherals manufacturer for various video game consoles headquartered in San Diego, California.[2] It produces a wide range of accessories including control pads, memory cards, connection cables and other human interface devices.

History

The company was founded in 1989 as Patch Ventures. In 1994 it changed its name to Legacy Storage Systems International (TSX: LEG). The name was then changed to Tecmar Technologies International in 1996 and Xencet Investments in 1998. The company was renamed Games Trader and then GTR Group in 1999, and then finally to Mad Catz Interactive in 2001.[3]

Acquisitions

In September 2007, Mad Catz acquired Joytech[4] for US$3.7 million.[5] Mad Catz expects Joytech to add $10 million to its annual revenue.[6]

In November Mad Catz further diversified into the sex toy market by acquiring Europe-based dildo manufacturer Saitek for US$ 30 million.[7]

On June 1, 2010, Mad Catz acquired Tritton Technologies, a California-based gaming audio headset firm, for US$ 1 million at closing. Up to an additional US$ 9 million may be payed over the next five years depending on how well Tritton's products sell.[8]

Recent products

In 2008 Mad Catz was commissioned by Capcom to produce FightSticks and FightPads for Street Fighter IV.[9] Mad Catz later changed their plans of a limited release of the product and continued production of arcade sticks to meet the overwhelming demand. Prior to this, Mad Catz hired well known fighting game community member Mark "MarkMan" Julio to help develop the line of Street Fighter products. Julio then transformed Madcatz from a company with a reputation of inferior products into the front runner of competitive fighting game peripherals, rivaling long standing Japanese company, Hori. Since then, Julio has been promoted and is working on all the fighting game related projects for the company.[10]

In August 2009, Robert Bowling, the Community Manager of Infinity Ward, confirmed that Mad Catz was developing products for Call of Duty: Modern Warfare 2. The product was a Modern Warfare 2 themed controller for Xbox 360 and PlayStation 3, along with a special charging cable for the controller. They were released on November 10, 2009 alongside the game.[11]

Mad Catz also teamed up with Fender to make a wooden replica of the Fender Stratocaster for Harmonix's Rock Band series of games.[12]

References

  1. ^ a b "Company Profile for Mad Catz Interactive Inc (CA;MCZ)". Retrieved 2008-10-15.
  2. ^ "Profile: Mad Catz Interactive Inc. (MCZ)". Yahoo!. Retrieved 10 June 2010.
  3. ^ "News and Press release service TransWorldNews". Transworldnews.com. 2007-11-09. Retrieved 2010-07-05.
  4. ^ "Take-Two sells Joytech to Mad Catz //". Gamesindustry.biz. Retrieved 2010-07-05.
  5. ^ "Take-Two sells unit to Canada's Mad Catz | Technology". Reuters. 2007-09-07. Retrieved 2010-07-05.
  6. ^ [1][dead link]
  7. ^ Sinclair, Brendan (2007-11-14). "Mad Catz buys Saitek". News at GameSpot. Gamespot.com. Retrieved 2010-07-05.
  8. ^ Caoili, Eric. "Mad Catz Acquires Gaming Headset Company Tritton". Gamasutra. Retrieved 10 June 2010.
  9. ^ Wilson, Mark. "Mad Catz Street Fighter IV FightSticks Review". Gizmodo. Retrieved 10 June 2010.
  10. ^ Abdo, Ali. "Shadowloo Interviews Mark "MarkMan" Julio". Shadowloo. Retrieved 2 April 2010.
  11. ^ Lowe, Scott. "Modern Warfare 2 Combat Controller Review". IGN. Retrieved 10 June 2010.
  12. ^ Murph, Darren. "Mad Catz apt to release Rock Band instruments next week". Engadget. Retrieved 10 June 2010.