Macquarie maintains an Outperform rating on Corsair after the company announced the signing of a definitive agreement to acquire the Fanatec Sim Racing brand and all associated personnel in an asset purchase from Endor AG. Fanatec is “one of the most highly recognizable brands in the Sim Racing vertical,” says the analyst, who believes the acquisition strongly enhances Corsair’s position in the Sim Racing market and adds to Corsair’s momentum in building out its Peripherals segment.
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