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Mad Catz Interactive history
Mad Catz Interactive company history timeline
Mad Catz was founded in 1989.
Mad Catz Interactive, Inc. was incorporated under the Canada Business Corporations Act on August 25, 1993.
The company was acquired in 2000 by the Toronto-based GTR Group, Inc. for a purchase cost of US$33.3 million, along with Games Trader (which collected and sold previously played and republished games) and ZapYou.com (which focused on e-commerce solutions).
In September 2001, GTR Group decided to capitalize on the strength of the Mad Catz brand and changed its corporate name to Mad Catz Interactive, Inc., closing its GamesTrader and ZapYou.com business units.
The year 2001 saw the release of Microsoft's Xbox and Nintendo's GameCube and Game Boy Advance.
In September 2007, Mad Catz acquired UK-based company Joytech for US$3.7 million.
In 2008, the FightStick's popularity spurred Mad Catz' involvement in the pro-gaming community, and Mad Catz has a strong presence at shows such as EVO, PAX, and San Diego Comic-Con.
In 2008, Capcom commissioned Mad Catz to produce a limited number of ArcadeSticks and six-button controllers, branded as “FightSticks” and “FightPads,” to coincide with the launch of their Street Fighter IV fighting game.
In 2009, Mad Catz released licensed controllers for Call of Duty: Modern Warfare 2 and Call of Duty: Black Ops.
In June 2010, Mad Catz announced an agreement with Major League Gaming (MLG) to produce the MLG Pro Circuit Controller for Xbox 360 and PlayStation 3.
In January 2013, Mad Catz announced its "GameSmart" initiative, a range of products using the Bluetooth Smart stack featuring game and hardware independence, simplified setup, longer battery life and universal compatibility.
In 2013, Mad Catz produced the Killer Instinct Arcade FightStick Tournament Edition 2, the first fighting game controller available for the Xbox One, the then-latest Microsoft gaming console, that started shipping in late November 2013.
Mad Catz helped spur interest in the burgeoning field of esports by sponsoring the inaugural ESL One at Madison Square Garden in October 2014, as well as sponsoring the Capcom Pro Tour featuring Street Fighter IV.
In August 2015, Mad Catz announced that it will work with Cloud Imperium Games to create licensed simulation products for its space simulation game Star Citizen.
Rock Band 4 was launched on October 6, 2015.
These products, produced under Mad Catz's Saitek brand, were first unveiled at Gamescom 2015.
On September 15, 2016, Logitech acquired Saitek, Mad Catz' simulation brand specializing in computer joysticks for $13 million.
In March 2017, the New York Stock Exchange reported to the company that it was in the stages of delisting the company from the Exchange due to "abnormally low" stock value, which Mad Catz did not plan to appeal.
Mad Catz ceased operations on March 30, 2017, and filed a voluntary petition for relief under Chapter 7 of United States Bankruptcy code to initiate an orderly liquidation of its assets.
On 4 January 2018, Mad Catz Global Limited (a new company headquartered in Kowloon, Hong Kong), with new ownership of previous Mad Catz trademarks, announced the return of the Mad Catz brand and the launch of a new line of products at CES 2018.
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Mad Catz Interactive competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Electronic Arts | 1982 | $7.6B | 9,800 | 28 |
| Rockstar Games | 1998 | $63.0M | 2,001 | 66 |
| Take-Two Interactive Software | 1993 | $5.3B | 6,495 | 82 |
| Daybreak Game | 2015 | $25.0M | 450 | 14 |
| GameStop | 1984 | $3.8B | 17,334 | 1,750 |
| Activision Blizzard | 2008 | $7.5B | 9,500 | 87 |
| Epic Games | 1991 | $500.0M | 1,001 | 111 |
| Sony Interactive Entertainment America | 1995 | $450.0M | 8,000 | - |
| Midway | 1968 | $219.6M | 750 | 14 |
| ContentWatch Inc. | 2000 | $1.1M | 30 | - |
Mad Catz Interactive history FAQs
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Mad Catz Interactive may also be known as or be related to MAD CATZ INTERACTIVE INC, Mad Catz, Mad Catz Interactive, Mad Catz Interactive, Inc. and Mad Catz Interactive, Inc. (1989-2017).