Turtle Beach has announced that it’s acquiring fellow gaming peripheral manufacturer, Performance Design Products (PDP) to the tune of $118 million USD, a move which it says will add “significant financial benefits to Turtle Beach that, in conjunction with synergies realised, fundamentally transforms the financial profile of the Company” and bring the company’s total revenue to $390 to 410 million USD in the first full 12 months of ownership.
“I’m honoured to work with the amazing team at Turtle Beach, now including our new colleagues from PDP, as we continue to deliver fantastic new products for gamers and value to our shareholders,” said newly-appointed CEO Cris Keirn in an accompanying press release. “Working with our industry partners, and with the combined expertise of our teams, we will drive a transformational change to the company’s scale and execution with innovation and expansion of our leadership positions across gaming accessory categories.”
If the PDP name sounds familiar, it’s not just because the company is a prolific manufacturer of licensed controllers and gaming accessories, but also recently revealed that it’s gearing up to release its brand-new take on one of gaming’s most iconic plastic controllers, with The Riffmaster.
Get ready to rock! Introducing the RIFFMASTER Wireless Guitars for Xbox and PlayStation.
Be one of 1st to play this Spring by entering our giveaway via the link in our bio. Winners will be selected 3/1. ????#playpdp #RIFFMASTER #rockband4 #PlayStation #xbox pic.twitter.com/Og5su60Ef1— PDP (@PDPgaming) January 31, 2024
The brand-new wireless guitar peripheral will be available for both the Xbox Series/Xbox One and the PS5/PS4, with a price and release date yet to be revealed. The Riffmaster will be compatible with Rock Band 4, which recently launched its final bit of DLC, as well as with Fortnite Festival – though that’ll depend on what comes first, the guitar controller or Harmonix’ update for the game that adds guitar controller support.
IGN recently went hands-on with the Riffmaster, noting that while it’s pretty much what you’d expect of a modern Rock Band controller there are some interesting differences. It features a foldable design rather than the guitar neck and head splitting apart, there are extra controls, an ambidextrous design and a 3.5mm audio jack. The battery life is also reportedly around 36 hours on a single charge. You can read IGN’s coverage right here.
