Mad Catz files for bankruptcy

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If you have ever purchased a third party accessory for your console, the name Mad Catz might be familiar to you. The company known for their cheap memory cards, off-brand controllers, and other peripherals has just filed for chapter 7 bankruptcy. Mad Catz and its subsidiaries will be liquidating their assets, as well, and the officers and directors of the company have all stepped down as of March 30, 2017. Founded in 1989, Mad Catz has acquired brands like GameShark, Tritton, and Saitek. The cause their demise is thought to be due to the poor sales of Harmonix's Rock Band 4, which Mad Catz was in charge of, taking financial responsibility for marketing and lacking sales of peripheral hardware.

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If you have ever purchased a third party accessory for your console, the name Mad Catz might be familiar to you. The company known for their cheap memory cards, off-brand controllers, and other peripherals has just filed for chapter 7 bankruptcy. Mad Catz and its subsidiaries will be liquidating their assets, as well, and the officers and directors of the company have all stepped down as of March 39, 2017. Founded in 1989, Mad Catz has acquired brands like GameShark, Tritton, and Saitek. The cause their demise is thought to be due to the poor sales of Harmonix's Rock Band 4, which Mad Catz was in charge of, taking financial responsibility for marketing and lacking sales of peripheral hardware.

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March 39 lol
 

Chary

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BunnyHops

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The cause of their demise goes beyond Rock Band 4. Everything about them was going downhill, hardware included. Off the top of my head I can think of their Android console, which was supposed to get new life with OUYA Everywhere, but that also became a failure, OUYA of which got acquired by Razer, a company that I think was tough competition for Mad Catz.
 
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cvskid

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Sad to hear news like this. They made the best arcade/fightsticks that money can buy IMO. Seems like now HORI is the go to place for arcade/fightsticks now since trying to find a madcatz arcade/fightstick now people will price gouge them. It's the end of an era.
 
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RustInPeace

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I thought Mad Catz was a third party manufacturer of Nintendo accessories, because all the products I got from them were Nintendo ones. Then again I only had Nintendo consoles, apart from a Sega Genesis. I had some GC controllers from them, unfortunately they weren't very durable, whether it be my fault or theirs. GC memory cards, I'm sure I had one of those, a bunch of GBA accessories, such as a screen lighter for the original GBA, link cables as well, which I still have. I guess Nykoo and Hori took the reigns as I've come across more of their Nintendo accessories these days, Mad Catz, was early to mid 2000s. Sucks for them.
 
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