Additionally, eight of the Company’s research and development employees accepted employment offers with Logitech. The assets sold by Mad Catz include specified trademarks, equipment and tooling, inventory, technical data and records, and other related documents necessary for the design, manufacture, marketing and distribution of interactive flight, space, and farm simulation controllers presently marketed and sold under the Saitek brand. $11 million of the purchase price was paid in cash at closing and $2 million was deposited in escrow to fund any post-closing adjustments or claims. On September 15, 2016, Mad Catz entered into an Asset Purchase Agreement with Logitech pursuant to which Mad Catz sold certain assets to Logitech for an aggregate cash purchase price of $13 million. (“Logitech”) (Nasdaq:LOGI) for $13 million in cash. (“Mad Catz” or “the Company”) (NYSE MKT:MCZ), a global provider of innovative entertainment products, today announced that it has sold its Saitek brand and the Saitek line of flight, space and farm simulation game controller assets to Logitech International S.A. 15, 2016 (GLOBE NEWSWIRE) - Mad Catz Interactive, Inc. Mad Catz® Announces Sale of Saitek® Simulation Product Line to Logitech Win10 64/Win8.1 64/Android TV 8.1/Android 13īench.mark? i do leave mark on bench sometime, to remember which one is the most comfortable. Speedlink Sovos Vertical-Asus ROG Spatha-Logitech MX Ergo/Xiaomi XMRM-006/touch

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