On
All necessary conditions, including relevant regulatory approvals, have been met and today GN has completed its acquisition of the SteelSeries group.
SteelSeries will be a new growth engine to GN, operating with its own identity, brand and execution strength while benefitting from the industry leading capabilities and track record of GN Audio to drive continuous growth and value creation. The core technology competencies of GN and SteelSeries complement and align very well, and it is anticipated that the combination will produce significant scaling opportunities and revenue synergies when combining SteelSeries with GN’s extensive global distribution footprint. Consequently, annual run-rate operational synergies of around
The transaction represents an enterprise value on a cash and debt free basis of
The financial guidance for 2022, including SteelSeries, will be communicated in connection with the Annual Report 2021.
For further information, please contact:
Investors and analysts
Henriette Wennicke
Vice President – Investor Relations &
Tel: +45 45 75 03 33
Or
Director – Investor Relations & Treasury
Tel: +45 45 75 92 57
Press and the media
Head of Media Relations & Corporate Public Affairs
Tel: +45 45 75 02 55
About
150 years ago, GN was founded with a truly innovative and global mindset. Today, we honor that legacy with world-leading expertise in the human ear, sound and video processing, wireless technology, miniaturization and collaborations with leading technology partners. GN's solutions are marketed by the brands ReSound, Beltone, Interton, Jabra, BlueParrott, SteelSeries and FalCom in 100 countries. Founded in 1869, the
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