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HomeBig DataGN Retailer Nord shares rise on acquisition of gaming agency Steelseries

GN Retailer Nord shares rise on acquisition of gaming agency Steelseries

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By Nikolaj Skydsgaard
COPENHAGEN (Reuters) -Shares in Danish listening to help and headset maker GN Retailer Nord rose 3% on Wednesday after it mentioned it will purchase gaming gear firm Steelseries from Nordic personal fairness firm Axcel in a deal price 8 billion Danish crowns ($1.25 billion).
“We have now for a while looked for the proper means for GN to enter the very fascinating gaming market, being keenly within the ‘high-end’ section,” mentioned René Svendsen-Tune, chief govt of GN Audio, the corporate’s headset unit.
Steelseries, which had income of two.2 billion crowns final yr, employs about 350 individuals in workplaces in Denmark, France, the US, China and Taiwan.
“We’re primarily doing it as a result of it is a progress case. It ensures, that GN continues to be a progress firm,” Chief Monetary Officer Peter Gormsen …

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