M&A Deal Summary

Corsair Communications Acquires Drop

On July 17, 2023, Corsair Communications acquired electronics company Drop

Acquisition Highlights
  • This is Corsair Communications’ 1st transaction in the Electronics sector.
  • This is Corsair Communications’ 2nd transaction in the United States.
  • This is Corsair Communications’ 1st transaction in California.

M&A Deal Summary
Date 2023-07-17
Target Drop
Sector Electronics
Buyer(s) Corsair Communications
Deal Type Add-on Acquisition

Target

Drop

San Francisco, California, United States
Drop is a privately held peripheral developer that develops and sells a portfolio of peripherals and enthusiast products, with the majority of its business coming from customized “DIY” keyboards, aftermarket designer keycaps, and desktop accessories. The company leveraged the insights of its members to develop its current collection of over 120 colorful, classic, and iconic sets offering an incredible degree of personalization to mechanical keyboard users from all walks of life. Drop was formed in 2011 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Corsair Communications

Milpitas, California, United States
Category Company
Founded 1994
Sector Technology Hardware
DESCRIPTION

Corsair Communications is a global brand of high-performance computer peripherals and hardware-focused on the high-growth PC gamer market. Corsair’s product range includes overclocked memory, power supplies, cases, liquid cooling systems, case fans, keyboards, mice, headsets, mousepads, gaming chairs, and complete gaming systems. Corsair sells in 75 countries worldwide through leading retailers, e-tailers, distributors. Corsair Communications was founded in 1994 and is based in Milpitas, California.

DEAL STATS #
Overall 2 of 2
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-09 Gamer Sensei

Boston, Massachusetts, United States

Gamer Sensei is a provider of a cloud-based premiere mastery platform for players who want to win more in their favorite online games. Gamer Sensei’s coaches are among the best pro gamers in the world, each matched with students via a patent-pending algorithm.

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