Posted on Tuesday, April 07 2020 @ 14:03 CEST by Thomas De Maesschalck
SteelSeries announced a new acquisition. The gaming peripheral maker bought Nahimic, the creator of A-Volute, a popular 3D sound tool that's used on various gaming laptops:
SteelSeries, the leader in gaming and esports peripherals, today announces its acquisition of A-Volute, the leading independent developer of 3D sound solutions for gaming. The acquisition of A-Volute will continue to bolster SteelSeries’ reputation of industry-leading gaming audio performance across both hardware and software.
For nearly two decades, SteelSeries has been a frontrunner in the gaming industry, offering high-quality gaming peripherals to pro and enthusiast gamers. Its SteelSeries Engine software platform has millions of daily users and is integrated with games and applications. Over the years, the company has built a strong brand and has leveraged this to outpace category growth globally. The award-winning Arctis line of gaming headsets redefined the category as is the new standard in excellence in gaming audio hardware.
A-Volute is the leading independent gaming audio software developer with more than 150 man-years of research and development, and more than twenty dedicated audio, DSP, driver and software engineers based across France, Singapore and Taiwan.
A-Volute’s software development roadmap includes unique and relevant features that fit strongly with SteelSeries’ current and envisaged offering for its SteelSeries Engine platform. Acquiring A-Volute’s talented engineering team will significantly accelerate SteelSeries’ vision for its gaming software platform. Additionally, A-Volute’s existing customer base, including leading gaming laptop manufacturers, is a strong testament to the quality of their current solutions.
“With our award-winning innovations that have redefined the gaming audio experience, and our best-in-class SteelSeries Engine software, bringing A-Volute into the SteelSeries family seemed like a natural fit and we are extremely excited about partnering with Tuyen and his team,” said Ehtisham Rabbani, CEO of SteelSeries. “With their excellence in audio software, they’ll help us improve gamers’ audio experiences even further.”
“We are incredibly excited to be joining the SteelSeries team,” said Tuyen Pham, CEO of A-Volute. “Our focus has always been to create outstanding audio experiences, and we could not think of a better partner than SteelSeries.”
“SteelSeries’ acquisition of A-Volute will add even more tools to its arsenal to continue to lead the way in gaming audio,” said Lars Cordt, Partner at Axcel, SteelSeries’ controlling shareholder. “A-Volute’s team have done an excellent job in creating new tools to enhance audio, and we see them adding tremendous value to SteelSeries’ software efforts moving forward.”
A-Volute is a private company being acquired by SteelSeries ApS. The parties have agreed not to disclose any financial terms. The transaction is expected to close later in the spring. On this transaction, A-Volute has been advised by LPA-Law and Inflexion Points Technology Partners SAS.
