Corsair Gaming

Corsair Gaming, Inc. (stylized as CORSAIR) is an American computer peripherals and gaming brand headquartered in Milpitas, California.[4] Previously known as Corsair Components and Corsair Memory,[5] it was incorporated in California in January 1994 originally as Corsair Microsystems and reincorporated in Delaware in 2007.[5] The company designs and sells a range of computer products, including high-speed DRAM modules, power supplies (PSUs), USB flash drives, CPU/GPU and case cooling, gaming peripherals (such as keyboards and computer mice), computer cases, solid-state drives (SSDs), and speakers.[6]

It leases a production facility in Taoyuan City, Taiwan, for assembly, testing and packaging of select products, with distribution centers in North America, Europe, and Asia and sales and marketing offices in major markets worldwide. It trades under the ticker symbol CRSR on the NASDAQ stock exchange. Lockdown orders associated with the COVID-19 pandemic, and a rise in demand for computing equipment, including the computer gaming sector, led to a significant short-term increase in Corsair's revenue.[7]

History

The company was founded as Corsair Microsystems Inc. in 1994 by Andy Paul, Don Lieberman, and John Beekley.[8][9] Corsair originally developed level 2 cache modules, called cache on a stick (COASt) modules, for OEMs. After Intel incorporated the L2 cache in the processor with the release of its Pentium Pro processor family, Corsair changed its focus to DRAM modules, primarily in the server market. This effort was led by Richard Hashim, one of the early employees at Corsair. In 2002, Corsair began shipping DRAM modules that were designed to appeal to computer enthusiasts, who were using them for overclocking. Since then, Corsair has continued to produce memory modules for PCs, and has added other PC components as well.

Corsair expanded its DRAM memory module production into the high end market for overclocking.[10] This expansion allows for high power platforms and the ability to get more performance out of the CPU and RAM. The Corsair Vengeance Pro series and Corsair Dominator Platinum series are built for overclocking applications.[11][12][13]

Corsair has since expanded its product line to include many types of high-end gaming peripherals, high performance air and water cooling solutions, and other enthusiast-grade components. Around 2009, Corsair contacted CoolIT Systems to integrate its liquid cooling technology into Corsair's offerings which resulted in a long-term partnership.[14][15] In 2015, Corsair changed its logo from the original sail design to a design featuring crossed swords. However, after community backlash, the change was promptly reversed, and led to the current company logo.[16]

In May 2021, Corsair announced that it will relocate its headquarters from Fremont to Milpitas, with the new lease stated to take effect in March 2022.[17] In August 2024, Corsair laid off 90 employees.[18]

Acquisitions

On July 26, 2017, EagleTree Capital entered into an agreement to acquire a majority stake in Corsair from Francisco Partners and several other minority shareholders in a deal valued at $525 million.[19][20] Corsair Founder and CEO Andy Paul retains his equity stake and remains in his role as CEO.[21]

On June 27, 2018, Corsair announced that it will be acquiring Elgato Gaming from the Munich-based company Elgato Systems, which it renamed to Corsair GmbH after the acquisition. The original Elgato Systems company retained its Eve home automation division and was subsequently renamed to Eve Systems.[22]

On July 24, 2019, it was announced that Corsair had acquired custom PC builder Origin PC.[23] In February 2024, Corsair announced it would be moving Origin PC's manufacturing operations to Atlanta and closing its facility in Miami. As a result, 55 employees were laid off.[24]

On December 16, 2019, Corsair announced its acquisition of game controller manufacturer SCUF Gaming.[25]

On August 21, 2020, Corsair filed registration documents with the U.S. Securities and Exchange Commission for a planned $100 million IPO.[26]

On July 17, 2023, Corsair announced that it had acquired the online retailer Drop (formerly known as Massdrop).[27]

On September 16, 2024, Corsair announced that it was set to acquire the Fanatec product line from Endor AG, which completed on September 23.[28]

In July 2025, Andy Paul retired and Thi La, the company's former president, took over as CEO.[9]

Products

Since the custom computer industry has experienced an increased interest in products with RGB lighting, Corsair has added this feature to almost all of their product lines. In the gaming industry, Corsair has its biggest share of the market in memory modules (around 44%[29]) and gaming keyboards (around 14%[30]).

See also

References

  1. Corsair Team retrieved Dec 16, 2019^
  2. Corsair Gaming, Inc. 2024 Annual Report (Form 10-K) U.S. Securities and Exchange Commission, February 26, 2025^
  3. Corsair Gaming, Inc. 2022 Proxy Statement (Form DEF 14A) U.S. Securities and Exchange Commission, 22 April 2022^
  4. Corsair Contact, retrieved 26 August 2022^
  5. Corsair, Form S-1/A, Filing Date May 28, 2010 secdatabase.com, retrieved Mar 28, 2013^
  6. Corsair Products retrieved 26 December 2014^
  7. Sean Hollister. Corsair Gaming is a billion-dollar company, and everything else we spotted in the IPO filing The Verge, 2020-08-25, retrieved 2021-01-10^
  8. Milpitas PC gaming company promotes insider to CEO role Silicon Valley Business Journal, 2025-02-18, retrieved 2026-03-27^
  9. Nick Evanson. All change at the top: Corsair's founder and long-running CEO steps down after 31 years as former company president Thi La takes over the reins Yahoo Finance, 2 July 2025, retrieved 27 March 2026^
  10. Corsair TwinX1024-4000 PRO: Improving DDR500 Performance AnandTech, 15 September 2003, retrieved 17 December 2014^
  11. Anton Shilov. Corsair launches Dominator Platinum Memory Modules for ASUS ROG Systems Anandtech.com, retrieved 16 September 2016^
  12. Official Website Corsair. Vengeance Memory retrieved 17 December 2014^
  13. Official Website Corsair. Dominator Memory retrieved 17 December 2014^
  14. CoolIT Systems Leads the Way with Liquid Cooling 30 April 2021^
  15. Parker: CoolIT delivers Direct Liquid Cooling solutions to data centres calgaryherald^
  16. Corsair returns to ‘Sails’ logo, scuttles the hated swords PCWorld, retrieved 2026-01-07^
  17. George Avalos. Tech gaming company says it will move Fremont HQ to Milpitas in expansion The Mercury News, 5 May 2021^
  18. Charming Holiday. Corsair Hit With Layoffs Game Rant, 2024-08-19, retrieved 2024-08-20^
  19. Corsair confirms majority stake sold to private equity firm for $525 million TechSpot, 2017-07-26, retrieved 2026-03-27^
  20. Aris Mpitziopoulos published. EagleTree Capital Pays $525 Million For A Majority Share In Corsair Tom's Hardware, 2017-07-26, retrieved 2026-03-27^
  21. Sam Chen. EagleTree Capital Buys Majority Stake in CORSAIR for $525 Million Custom PC Review, 26 July 2017, retrieved 26 July 2017^
  22. CORSAIR to Acquire Elgato Gaming Corsair, 27 June 2018, retrieved 28 June 2018^
  23. Faulkner, Cameron. Corsair has acquired enthusiast PC builder Origin PC. The Verge, July 24, 2019.^
  24. Anton Shilov. Corsair to shut down Origin PC Miami operations as it relocates production to Atlanta Tom's Hardware, 2024-02-07, retrieved 2024-08-20^
  25. Official Website Corsair. Corsair Acquires Scuf Gaming www.corsair.com, 16 December 2019, retrieved 2019-12-17^
  26. Corsair Gaming, Inc. Form S-1 U.S. Securities and Exchange Commission, 21 August 2020^
  27. Ryan Whitwam. Corsair Acquires Mechanical Keyboard Retailer Drop July 17, 2023^
  28. Ronald van Veen. Corsair Set to Acquire the Fanatec Product Line from Endor AG Corsair Gaming Inc., September 16, 2024^
  29. Best Memory for Gaming GmrPC, retrieved 11 March 2021^
  30. Best Keyboard for Gaming GmrPC, retrieved 11 March 2021^