Razer, maker of gaming peripherals, has announced the acquisition of audio company THX. Founded by George Lucas, THX develops and maintains a standard of audio reproduction that is used in many cinemas and home theatre systems.
According to the press release, THX will remain as an independent entity; separate from Razer’s primary business. Financial details of the agreement were not disclosed, but it looks like Razer now owns all of THX’s intellectual property, while also retaining all of its staff.
We’re excited to announce that @THX has joined the Razer family.
Find out how THX is evolving https://t.co/PcOoKRLDiP pic.twitter.com/mfq3Wgmcgr
— RΛZΞR (@Razer) October 17, 2016
“Razer has a vision for innovation at every level of entertainment, a vision which THX has championed since its inception more than 30 years ago,” says Razer Co-Founder and CEO Min-Liang Tan. “This acquisition will allow us to reinforce Razer’s leadership in gaming and extend the brand into broader areas of entertainment, while at the same time empowering THX to develop into a global powerhouse, independently.”
Nobody is sure what Razer wants to do with an audio standards company, but it is likely to try to use THX’s expertise in improving its headsets and speakers. There is also the possibility that the engineers at THX could be used to create more immersive audio for virtual reality.
