News Worms
News Worms


Gaming peripheral maker Mad Catz is doing a Lazarus

Gaming peripheral maker Mad Catz is doing a Lazarus

Nearly a year since Mad Catz filed for bankruptcy and shut down, a new press release has revealed that the famed game hardware maker will be returning to the fray this year in the form of a new company called Mad Catz Global Limited. Its Rock Band 4 hardware was particularly problematic for the company.

Mad Catz had a long shelf life as a manufacturer of third-party hardware, peripherals, and arcade sticks.

But out of the blue, it appears that Mad Catz has risen from the grave.

Mad Catz also announced the Strike 4 mechanical keyboard and Freq 4 headset. Verrey says Mad Catz's return is thanks to a Chinese holding company that purchased its assets and branding. After liquidation, the company officially close up shop, but apparently, some former employees on the manufacturing side (in China) made a decision to pick up the pieces and keep on trucking as Mad Catz Global Limited and will be based out of Kowloon, Hong Kong. Verrey confirmed that the company is in talks with former employees and that it assembled a new internal design team in Asia, but it remains to be seen whether any of that means we still get to see the style of products we got from the Mad Catz of yore. By 2015 the company was defending rumours it was approaching bankruptcy, but things soon came to a head: in 2016 its executive time resigned ahead of a below-expectations earnings report and in September Mad Catz was forced to sell its Saitek division to Logitech to keep the lights on.

The new Mad Catz will unveil its new products at CES 2018. There doesn't seem to be any plans for him to return to the company at this point in time, so the future of Mad Catz fight sticks is still unclear.

The reborn Mad Catz brand is focusing on its old designs like the R.A.T series of gaming mice.

Mad Catz announced its resurrection with a new video confirming that it's "back in the game" under new ownership, and it has promised to show off several fresh products this weekend at the upcoming Consumer Electronics Show.

"Through listening to gamers worldwide, we plan to once again forge a path of innovation in the gaming hardware community, and we're already working on delivering products which we believe will enhance gamers' abilities and do justice to the Mad Catz name".

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