I have it on good authority that Corsair Gaming, maker of PC gaming peripherals and hardware such as keyboards, cases, memory, headsets and power supplies as well as streaming gear under its Elgato brand, has filed to go public with an IPO of $100 million and will be treated as an emerging growth company.
In not its first dabble with going public, Corsair Gaming will list on the Nasdaq under the symbol CRSR and performance for the 12 months up to June 2020 stood at $1.3 billion in sales. The company originally made its name in the PC industry selling memory or RAM, but expanded into power supplies, peripherals, cooling hardware and more recently streaming hardware courtesy of its acquisition of Elgato in 2018.
The company was founded in 2004 and now offers entire PCs in addition to providing the means for the DIY PC building market to continue its hobby, with motherboards and processors being two of the few components it doesn’t offer. No specific date has been revealed other than it’s likely to be some time in 2020.
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