Logitech acquired for USD 85 million the ASTRO Gaming business from Skullcandy. Schellenberg Wittmer acted as Swiss legal counsel to Skullcandy in this transaction.
Logitech is carving a deeper niche in the gaming peripheral market – via their acquisition from Skullcandy (a cutting edge headset manufacturer) of their ASTRO Gaming business - a leading console gaming brand with a history of producing award-winning headsets for professional gamers and enthusiasts. The transaction was finalized on the 11th of August in an $85 million all-cash deal.
The team at Schellenberg Wittmer consisted of partners Oliver Triebold (corporate/M&A; overall lead), Michael Nordin (Tax), Regula Portmann (Tax), and Zlatina Iliev (corporate/M&A).