The Corsair IPO Is Dead but a Sale Plan Emerges (Updated)

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Corsair Dominator Platinum 2666MHz 8GB Memory 3 500x312 The Corsair IPO Is Dead but a Sale Plan Emerges (Updated)

One of the biggest and most beloved names in the DIY and enthusiast space, Corsair, formerly known as Corsair Memory, and now more known as Corsair Components, thanks to its wide depth and breadth of products for the computer market, is going up for sale. This is a big change from the company’s plans to go public, which were in the works as early as 2011 (or even earlier) when the rumour spread throughout COMPUTEX 2011 that something was happening along those lines.

According to CNN Fortune, after the Facebook IPO disaster, the company pledged to look at this again when the equity conditions were more favourable, and decided to postpone the move. Despite keeping their papers warm at the SEC, the company has not filed any additional updates to this potential business scenario. However, the company is in talks to be purchased by a private equity firm Francisco Partners. The same company that was also part of the Blackstone Group move to potentially buy out DELL, but has since reconsidered. It looks like the Corsair IPO is dead.

Corsair has won a lot of fans over in the last couple years venturing out into cases, power supplies, and more recently, gaming peripherals and headsets, to add to their SSD, Memory and Flash business. Unlike their former rival, OCZ Technology, who IPO’d back in 2006, this company has been very successful with their product mix.

So the question is, if they do get taken over by a private equity firm like Francisco Partners, what will they do with Corsair? And will they leave our beloved products alone or will they spin the divisions off in search of better agility in a currently declining PC market? Anyone want to take a guess?

Source: CNN Fortune

UPDATE: According to MaximumPC, the exact amount of the investment is $75 million, which, based on the company’s worth, would only represent a minority stake in the business. Corsair plans to use the funds to continue to fund new acquisitions, specifically in an audio company from Scotland called Simple Audio, that manufactures multi-room audio systems, and a gaming peripherals company from Germany called Raptor. While a loan may have been an option that would have avoided the sale of equity, a company like Francisco Partners does bring valuable expertise to the company that a simple cash loan would not provide. It also make it possible for the company to keep the cash on hand, rather than having to repay the loan to an institution at a specified date. The bottom line to enthusiasts everywhere is that Corsair isn’t going anywhere and they are going to continue to grow. Yay!

About

Stephen is Futurelooks' Editor-In-Chief and front man. He also held the Tiger Direct Charity PC Race record for 2 years between 2011 and 2012. Stephen's interests include all things techie, but in particular, computer hardware. When he's not geeking out, he's a family man with daughter Lexi and another one on the way.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

  • Neo Sibeko

    That’s incorrect. CORSAIR is not up for sale, the Private Equity firm will invest to the tune of $75M USD into the firm. CORSAIR is not being sold.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

    • http://www.futurelooks.com/ Stephen Fung

      An equity stake of $75 Million could represent any percentage equity stake agreed upon by the companies as it has not been disclosed. But based on the amount compared to the companies worth, it would have to be a fairly small stake in the company. Although technically still a sale, it’s not a sale that would give up controlling stake which is the key. We’ve added a source with the new information and have updated the post accordingly. Thanks for the comment.

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