Roccat Purchased by Turtle Beach

[BiG StroOnZ]

 

Quote

 

 

Turtle Beach announced the entry into an agreement to acquire ROCCAT – a German PC peripherals company with a history of producing innovative, award-winning gaming mice, keyboards and other accessories. By acquiring ROCCAT, Turtle Beach further strengthens its market position in key PC-centric European territories, including Germany where ROCCAT is already a well-respected leading brand. Additionally, ROCCAT will see the benefits of Turtle Beach’s strong sales and distribution in North America and across Europe, while Turtle Beach will gain distribution into new Asian markets through ROCCAT’s presence in those markets.

 

Turtle Beach is acquiring ROCCAT for $14.8 million in cash, net of a working capital adjustment, $1 million in cash or stock (company option), plus up to approximately $3.4 million in earnout payments. Following the completion of the transaction, which is expected in the second quarter, ROCCAT’s partial year contribution to Turtle Beach’s 2019 net revenue is expected to be approximately $20–$24 million. The Company expects revenues from ROCCAT products to be over $30 million in 2020, and that the acquisition will be accretive to net income and EPS in 2020.

 

René Korte, CEO of ROCCAT, added, “We’ve long admired how Turtle Beach’s pioneering headsets have elevated gaming and it is an honor to join forces and bring our great products to more gamers. I have no doubt that combining ROCCAT’s strength in the PC peripherals market with Turtle Beach’s 45 years of experience, impressive technology, console dominance, and strong brand will bring even more victories to gamers around the world.” ROCCAT has been ranked as one of the top 10 best-selling gaming peripheral brands in Europe, and per recent Newzoo consumer survey data3, is one of the top four brands for awareness, purchase consideration, and preference for gaming keyboards and mice in the German PC gaming peripheral market.

 

 

Source: https://www.guru3d.com/news_story/roccat_purchased_hy_turtle_beach.html

 

Been using Roccat Peripherals for about seven years now, and absolutely love them for various reasons. Own two Roccat Kone XTDs and will probably continue to use them far into the future. I hope that QC doesn't drop because of the acquirement, and if anything, Roccat becomes even stronger of a brand. 

[Slottr]

Just now, BiG StroOnZ said:

and if anything, Roccat becomes even stronger of a brand. 

I hope that's true, cause from what I remember back in the xbox 360 days, turtle beach headsets sucked and constantly broke.

Dunno if that has changed or not over the years

[BiG StroOnZ]

Just now, Slottr said:

I hope that's true, cause from what I remember back in the xbox 360 days, turtle beach headsets sucked and constantly broke.

Dunno if that has changed or not over the years

My sentiments exactly! Your memory serves you right. 

[jiyeon]

I just got into Roccat gear so reading that title came as a shock. My only experience with Turtle Beach is the Turtle Beach EarForce P12 which I bought for my PS4, the headset itself was nice but the build quality was poor. It'll be interesting to see how Roccat does and what direction is taken from here, especially for the Roccat Vulkan keyboard.

[orbitalbuzzsaw]

Turtle Beach makes pretty cheap shit in my experience. If Roccat keeps its quality up whatever, but we'll see

 

[Bananasplit_00]

i have a feeling Rocat is pretty much a dead brand then. Really liked some of what they had going for them but i get the feeling quality is going to tank while price shoots up

[LukeSavenije]

Sources: the verge, anandtech

 

Roccat, best known for their keyboards, mouses, headsets and other peripherals has reported to be acquired by Turtle beach, best known for their headsets for 19,2 million dollars.

 

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At present Turtle Beach is primarily known in the US and some European countries for its gaming headsets for consoles and PCs. By taking over ROCCAT, the company gets keyboards, mice, and a variety of accessories for gamers. Turtle Beach estimates that the merged company will have a total of 48 core product models for various markets. Furthermore, Turtle Beach gains presence in Asia and additional European countries, where ROCCAT is known. To a large degree, Turtle Beach and ROCCAT have no obvious overlap in terms of product portfolio and in terms of distribution channels, allowing them to integrate better. It's not clear if ROCCAT hardware will be rebranded Turtle Beach, or if the ROCCAT brand will remain.

 

thoughts? is this the start of a big peripheral company? or just as big of a flop as Mad Catz?

[lewdicrous]

Turtle Beach is still a thing?

[WereCatf]

8 minutes ago, LukeSavenije said:

or just as big of a flop as Mad Catz?

I have only very brief experience with either Turtle Beach or Roccat, but I don't value either company's products particularly high. I can't give any sort of an educated guess or back up my opinion with anything other than gut-feeling -- might be gutrot as well, though! -- but I'm going to go with "flop like a Mad Catz."

[LukeSavenije]

8 minutes ago, lewdicrous said:

Turtle Beach is still a thing?

yeah... tho it's more value than quality these days

[Morgan MLGman]

22 minutes ago, WereCatf said:

I have only very brief experience with either Turtle Beach or Roccat, but I don't value either company's products particularly high. I can't give any sort of an educated guess or back up my opinion with anything other than gut-feeling -- might be gutrot as well, though! -- but I'm going to go with "flop like a Mad Catz."

I had a keyboard from them for 3 years and it's been great for the price. Though I don't recommend mice as I've heard of durability issues with them. I also had a ROCCAT mousepad but it was just a decent mousepad so there's not much to say there. Generally pretty good products with fairly reasonable prices, although AFAIK they are mostly known in Europe as it's a German company from what I remember.

[WereCatf]

7 minutes ago, Morgan MLGman said:

I had a keyboard from them for 3 years and it's been great for the price. Though I don't recommend mice as I've heard of durability issues with them. I also had a ROCCAT mousepad but it was just a decent mousepad so there's not much to say there. Generally pretty good products with fairly reasonable prices, although AFAIK they are mostly known in Europe as it's a German company from what I remember.

I've had two headsets from them and I've used a keyboard and a mouse from them a little. All broken, both headsets had to be replaced under warranty rather soon, keyboard stopped working and so on. Now, I'm not saying that all their products will fail or anything, I know I was unlucky there, but none of those products were particularly well made IMHO; cheap plastic, weak joints and stuff like that.

[Syntaxvgm]

Roccat products are usually pretty cool but overpriced. 

Turtle beach products were (back in the day when people actually bought them) so bad that there's no fair price for them, not even free. 

Sad day for roccat. 

[wANKER]

Back in the days of ps3/360 when Turtle Beach were all the rave... Even though they were shit

[Syntaxvgm]

5 minutes ago, wANKER said:

Back in the days of ps3/360 when Turtle Beach were all the rave... Even though they were shit

you could seriously hear who had them, almost all of them had problems where the mic had crosstalk with the headset. IIRC I bought one of my friends a different headset because I was tired of hearing it.  

[wANKER]

1 minute ago, Syntaxvgm said:

you could seriously hear who had them, almost all of them had problems where the mic had crosstalk with the headset. IIRC I bought one of my friends a different headset because I was tired of hearing it.  

I think I only ever owned one and it had one of the earpieces wrapped on with tape because I got fed up with it and snapped it off

[Syntaxvgm]

1 hour ago, wANKER said:

I think I only ever owned one and it had one of the earpieces wrapped on with tape because I got fed up with it and snapped it off

I think the only thing nice about them is a lot of them came with 3.5 mm adapters for rca and volume control usb amp that worked okish. Most people had a broken or unused tb headset, so that meant it was a great backpack accessory to set up your normal headphones with some random monitor with no audio. Remember, 360 supported vga screens and aspect ratios like 16:10 which was really awesome to setting multiple people up without tvs. And if the screen had dvi worked for ps3 as well. 

 

edit
I forgot for the usb amp part you had to get a cable with a female 3.5mm end and solder it to the end of it, the headphones were originally attached to the amp part. We did that without soldering sometimes, a lighter strips the coating off of headphone cable copper the same way soldering did, an important trick you learned when everyone was a poor and all your friends had broken headphones. This also meant you could use this as a USB mic adapter for your console if you also added a mic plug, not really needed on the 360 since the controllers had a plug, but helpful on the ps3. I still have one of these ghetto solutions somewhere, along with my homemade 360 vga cable, since the 40$ ones were the only ones without ghosting I made my own for less. 

The 3.5mm to rca was separate though, and in a lot of cases was an ok volume (not too loud but loud enough) if you didn't have an amp. 

Hard to get that kinda stuff locally back in the day though, so soldering it was still worth it if you had to bother other people to order online if you weren't 18.  

[williamcll]

I wonder would they buy mad catz too?

[LukeSavenije]

10 minutes ago, williamcll said:

I wonder would they buy mad catz too?

aren't those gone?

[williamcll]

10 minutes ago, LukeSavenije said:

aren't those gone?

Doesn't seem like it, their website seems to be completely fine.

[Stefan Payne]

Wait, Turtle Beach is still around???

That's a shocker!

 

Haven't heard/seen anything about them for years.

Back in the day they were known for pretty nice Soundcards - like the Santa Cruz.

But after that they seemed to have vanished.

And now they're buying Roccat??

 

[Stefan Payne]

2 hours ago, Morgan MLGman said:

Though I don't recommend mice as I've heard of durability issues with them. 

Yeah, I heard that too.

My take on it might be just a simple cable breaking, because the Original Cable is really stiff - a big nono for Mice!

And that can be fixed as the Cables are kinda slightly standardized - or you can make your own, if you wante to...

I have a Roccat myself and so far no issues but also with other Mice hardly any and even if, its either voilence (dropped a bit too much), a broken cable or the switch is done for.

1 hour ago, williamcll said:

I wonder would they buy mad catz too?

Weren't they purchased by Logitech recently??

Or was that Saitek?? I don't get that stuff...

[CharminUltraStrong]

18 hours ago, BiG StroOnZ said:

"We’ve long admired how Turtle Beach’s pioneering headsets have elevated gaming"

Last time I checked, sneezing in the general direction of a Turtle Beach headset caused them to break. Creaky plastic, cheap construction, bad mic quality etc. At least they don't mark up their crap as seriously as Astro.

[Guest]

Two large companies combine to form one huge turd

[Techstorm970]

"Roccat purchased..."

Me:

"...by Turtle Beach."

Me:

 

Roccat was starting to take off!  And now...OMG...I hope Turtle Beach just lets them do their thing...