Mad Catz Interactive (TSX:MCZ) today announced it has entered into an agreement with Microsoft Studios to create Halo 4 branded gaming headsets, which will be released later in 2012. The company provided no details about the design or specifications of the device.
Mad Catz CEO Darren Richardson said: “We are excited to add Halo 4 to our portfolio of world-class video game licences,” adding: “Halo is one of the world’s most popular video games and these new Halo branded headsets are sure to appeal to the passionate gamer who wants to maximize his or her Halo experience.”
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Halo is the multi-billion dollar science fiction video game franchise that was created by Bungie and is now owned by Microsoft Studios. The Halo series, which is now in its fifth incarnation, is generally regarded as the best first-person shooter game ever produced. The franchise has sold more than forty-million copies worldwide, and Halo merchandise has grossed nearly $3 billion. Halo 4 is scheduled to be released on November 6th.
Mad Catz, which was founded in 1989 and is now based in San Diego, designs and markets accessories for video game systems. The company has designed products for all major video game platforms, including a deal with Fender to design a Stratocaster guitar controller for Rock band 3, and Gears of War 3 audio products for the Xbox 360. The company has grown its revenue from $87.7-million in 2009 to $183.9-million in fiscal 2011.
Today’s arrangement between Microsoft and Mad Catz is not the first time the pair have teamed up. The relationship between the two companies actually stretches back nearly a decade, when they worked on an microphone and microphone adapter for the Xbox in 2003.
Shares of Mad Catz closed today up 4.3% to $.49 cents.