Razer known company, which specializes in products for gamers, announced the acquisition of most of the assets of THX. The transaction took place in October this year, the financial aspect is not disclosed.
All employees and THX leadership kept their jobs. At the same time it was announced that THX will continue to operate as an independent unit under the wing of the Razer, which is also able to work with other partners, having the authority to conclude the relevant contracts.
“With the Razer together we can continue to strengthen our core businesses by offering only the highest quality standards for the ever-changing needs of our customers – said Ty Ahmad Teyla (Ty Ahmad-Taylor), CEO THX . – As an independent company, the THX will work closely with the Razer, but will primarily continue to work with our partners in the industry to offer the best products for our users “
The Razer believe that this acquisition will allow the company to strengthen its position in the gaming industry, and to strengthen them in other areas of entertainment, in particular, we are talking about the increasingly popular virtual reality.