Gaming hardware and software company Razer has acquired audio technology company THX, with THX management and employees coming along as part of the deal. THX will continue to operate as its own separate company. Financial terms of the deal were not disclosed.
“For over 30 years, THX has maintained a proud legacy of being one of the leaders in audio technology and certification worldwide,” said Laurie Fincham, SVP of audio research and development for THX, in a statement. "With their focus on quality, design and innovation, Razer supports our vision to optimize and deliver the best audiovisual experiences to audiences worldwide."
THX — which was founded by filmmaker George Lucas in 1983 — will continue with its certification programs, which covers audio electronics, speakers, TVs, projectors, automotive audio systems and live entertainment, and will look to expand them into augmented and virtual reality and headphones.