To remind you, Saitek was acquired by Mad Catz company back in 2007 for US $30 million but it appears that Mad Catz had to cut its losses and sell Saitek to Logitech, for US $13 million.
While Logitech had its share of joysticks and racing wheels, Saitek has been making those, as well as other simulation gaming peripherals on a whole different level and this acquisition will certainly benefit Logitech as Saitek's products will now much better market placement.
Last we heard from Saitek is when it has released its new X-56 Rhino H.O.T.A.S System, a high-end flight stick with Twin Throttle and VR controller.
According to Ujesh Desai, Vice President and General Manager at Logitech G, Logitech's gaming brand, Saitek's products are "go-to products" for anyone into games like Elite Dangerous, Eve Valkyrie, Star Citizen, Microsoft Flight Simulator and Farm Simulator.
Ujesh Desai also noted simulation games are getting cooler and with new titles incoming, acquisition of Saitek should eventually pay off, especially if Logitech managed to tap the VR-enabled gaming market as well.
Logitech has promised that there is a vision to take the simulation peripherals market to a whole new level and that we will see some updates in future as Saitek gets integrated into overall Logitech G portfolio.
We will certainly keep an eye on some future Logitech G products as these will certainly become interesting now that Logitech and Saitek are under the same roof.