Razer, the PC gaming product manufacturer has acquired the majority assets of THX, an audio tech company that George Lucas founded out the original Star Wars trilogy movies. The acquisition will bring the management and employees of the THX onboard Razer.
In THX announcement, “THX will continue to operate as an independent entity under its own management and apart from the ongoing business of its parent company.”
Razer Co-Founder and CEO Min-Liang Tan said, “Razer has a vision for innovation at every level of entertainment, a vision which THX has championed since its inception more than 30 years ago. This acquisition will allow us to reinforce Razer’s leadership in gaming and extend the brand into broader areas of entertainment, while at the same time empowering THX to develop into a global powerhouse, independently.”
“Our focus has always been on ensuring that anyone can experience high quality entertainment, regardless of their medium of choice. With Razer, we can now continue to strengthen our core lines of business while delivering excellence for our customers’ ever-changing needs,” said Ty Ahmad-Taylor, CEO of THX. “As a standalone company, THX will work with Razer but will primarily continue to service our partners in the industry in order to deliver great products to consumers.”
From a gamer’s perspective, this will be a great addition to the different gaming products that Razer offers, imagine a THX certified gaming system, or peripherals.
Financial details of the transaction were not disclosed.
Last modified: October 18, 2016