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steelseries.com

Founded Year

2001

Stage

Acquired | Acquired

Valuation

$0000 

About SteelSeries

SteelSeries is a Danish manufacturer of gaming peripherals and accessories, including headsets, keyboards, mice, gaming surfaces and software.On October 6th, 2021, SteelSeries was acquired by GN Store Nord at a valuation of $1.24B.

SteelSeries Headquarter Location

Dirch Passer Alle 27 5th Floor

Frederiksberg, 2000,

Denmark

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Expert Collections containing SteelSeries

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SteelSeries is included in 1 Expert Collection, including Gaming.

G

Gaming

5,528 items

We define eSports as competitive gaming facilitated by electronic systems, in particular video games played on computers or consoles by professional gamers (though many do it as a hobby or pastime).

SteelSeries Patents

SteelSeries has filed 198 patents.

The 3 most popular patent topics include:

  • Evolutionary biology
  • Video game controllers
  • Computing input devices
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/30/2020

5/3/2022

Evolutionary biology, Actuators, Population genetics, Database security, Information technology management

Grant

Application Date

4/30/2020

Grant Date

5/3/2022

Title

Related Topics

Evolutionary biology, Actuators, Population genetics, Database security, Information technology management

Status

Grant

Latest SteelSeries News

Interim Report Q1 2022: GN Store Nord delivered -6% revenue growth and -21% organic revenue growth in Q1 2022, constrained by the global supply chain situation and on an exceptionally high comparison base. Full year guidance confirmed

May 5, 2022

- - GN Store Nord In Q1 2022, GN delivered -6% revenue growth, of which -21% was organic revenue growth, leading to a revenue of DKK 3,859 million, constrained by the challenging global supply chain situation and on an exceptionally high comparison base Adj. EBITA was DKK 264 million and free cash flow excl. M&A was DKK -557 million driven by the decrease in reported earnings Adj. Leverage ended at 5.4x, reflecting the closing of the SteelSeries transaction and the traditional seasonality in cash flow generation Full year guidance confirmed - - GN Hearing GN Hearing delivered revenue growth of 8% in Q1 2022, of which organic revenue growth was 2% in a recovering hearing aid market Adj. EBITA margin was 2.0% in the Core business driven by higher freight and input costs, investments in growth opportunities and traditional seasonality. EBITA for the Emerging business was DKK -67 million driven by continued investments in future growth Free cash flow excl. M&A was DKK -175 million driven by the lower earnings level and traditional seasonality, but positively impacted by working capital movements New product launches going as planned and R&D roadmap on track to fuel growth during second half of 2022 Full year guidance confirmed - - GN Audio GN Audio delivered revenue growth of -12%, of which organic revenue growth was -30% while SteelSeries delivered organic revenue growth of -35%, constrained by the challenging global supply chain situation and on an exceptionally high comparison base GN Audio continued to experience strong underlying demand resulting in a historically high order backlog The COVID-19 situation in China and Hong Kong challenged the manufacturing and logistics capacity towards the end of the quarter, which resulted in some short-term delays in shipments Adj. EBITA margin was 14.4%, reflecting the topline development, higher freight and input costs, the development in FX as well as the consolidation of SteelSeries Free cash flow excl. M&A was DKK -140 million reflecting the decrease in reported earnings Full year guidance confirmed Quotes from executive management Gitte Aabo, CEO of GN Hearing, comments: “We are now looking at a recovering hearing aid market and see strong and attractive megatrends where GN Hearing’s competencies will demonstrate our unique ability to innovate. With the Q1 2022 launch of Jabra Enhance Plus we took an important first step in reaching new target groups for occasional hearing enhancement. And with the launch of ReSound ONE BTE we further broadened our portfolio in the traditional hearing market, where we have a strong product roadmap in place for the remainder of the year. Combined with a solid plan to restore profitability and several emerging opportunities, I am excited about the coming quarters and years for our company.” René Svendsen-Tune, CEO of GN Audio, comments: “The significant impact from the manufacturing, logistics, and components challenges that slowed our growth in late 2021 unfortunately continued in Q1 2022. We continue to see strong demand across our product categories, which makes us very comfortable about the robustness of the underlying trends and dynamics that drive the industry, but right now the growth is solely supply driven and impacted by the COVID-19 situation in China.” Financial overview Q1 2022 Tel: +45 45 75 02 55 About GN GN facilitates communication between people through intelligent hearing, audio, video, and gaming technology. Inspired by people and driven by our passion for innovation, we leverage technologies to deliver unique user experiences that bring people closer through the power of sound and vision. GN was founded more than 150 years ago with a vision to connect the world. Today, we proudly honor that legacy with our world-leading expertise in the human ear, audio, video and speech, wireless technologies, software, miniaturization, and collaboration with leading technology partners. GN's solutions are marketed by the brands ReSound, SteelSeries, Jabra, Beltone, Interton, BlueParrott, Danavox and FalCom in 100 countries. Founded in 1869, the GN Group employs more than 7,000 people and is listed on Nasdaq Copenhagen (GN.CO). Visit our homepage GN.com - and connect with us on LinkedIn , Facebook and Twitter . Attachment

SteelSeries Web Traffic

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