'

You may soon be able to buy Corsair Shares - Corsair Gaming files a $100 million IPO

Would you buy Shares in Corsair Gaming?

You may soon be able to by Corsair Shares - Corsair Gaming files a $100 million IPO

You may soon be able to buy Corsair Shares - Corsair Gaming files a $100 million IPO

Over the past few years, Corsair Gaming has expanded to cover almost every area of the PC market, acquiring Elgato Gaming, SCUF Gaming and Origin PC in recent years to complement their existing presence within the PC hardware and accessories markets. 

Now, Corsair Gaming plans to go public, having filed a $100 million IPO which could see the company listed as CRSR on the NASDAQ stock index. Today, Corsair produces almost everything that a gamer or streamer could possibly need, but its recent acquisitions have left the company with several large loans to repay.

Last year, Corsair reportedly generated over $1.3 billion in revenue, though their gross margins were relatively low as 24.2%, netting the company an income of $31.3 million.

Given the continued growth of the PC/gaming markets, now is a great time for Corsair to consider going public. At this time it is unknown when Corsair will go public, though it is likely that we will hear more before the end of 2020. 

You may soon be able to by Corsair Shares - Corsair Gaming files a $100 million IPO  

You can join the discussion on Corsair Gaming potentially going public on the OC3D Forums

«Prev 1 Next»

Most Recent Comments

24-08-2020, 14:40:35

AlienALX
No...Quote

24-08-2020, 16:30:32

23RO_UK
Quote:
Originally Posted by AlienALX View Post
No...
Ditto

(it keeps it short and sweet rather than elaborate apon my views on Corsair and it's products )Quote

24-08-2020, 16:50:45

Dark NighT
Yeah no thanks! I don't expect anything good to come from this.Quote

24-08-2020, 23:41:30

Dicehunter
No, No and no again, Minus their fans which I do like, I'm slowly veering away from Corsair, Ever since their take over the quality has gone down the pan.Quote

25-08-2020, 04:49:23

Warchild
My assumption here is that they are trying to raise more funding for either a radical expansion (makes sense given their attempts at watercooling) or they are planning to buy out/ take over more companies to again, expand their footprint.Quote
Reply
x

Register for the OC3D Newsletter

Subscribing to the OC3D newsletter will keep you up-to-date on the latest technology reviews, competitions and goings-on at Overclock3D. We won't share your email address with ANYONE, and we will only email you with updates on site news, reviews, and competitions and you can unsubscribe easily at any time.

Simply enter your name and email address into the box below and be sure to click on the links in the confirmation emails that will arrive in your e-mail shortly after to complete the registration.

If you run into any problems, just drop us a message on the forums.