Corsair Components Receives $75M Strategic Investment from Francisco Partners
Summary
Corsair Components, Inc., a Fremont, CA-based global supplier of high-performance PC components, received a $75m strategic investment from Francisco Partners.Following the investment, Corsair CEO Andy Paul and the management team will continue to hold a substantial equity interest in the company, which intends to use the proceeds for product development and geographical expansion.Founded in 1994, Corsair is a top brand in PC gaming components and peripherals.Its products include DDR3 memory upgrades, mobile storage drives, power supply units, solid-state drives, PC speakers, gaming headsets, gaming keyboards, laser gaming mice, system monitoring and control devices, PC cooling products, and computer cases.The company has more than $500 million in annual revenue.