Having announced a potential acquisition in November 2025, it's been confirmed today that Asetek accepts the takeover offer from CQXA Holdings. The deal will see CQXA Holdings Pte Ltd, a wholly owned and controlled subsidiary of Suzhou Chunqiu Electronic Technology Co Ltd hold 95.3% of the shares in Asetek, once all the legal and regulatory requirements have been met. The … [Read more...]
Asetek Launch A Range Of New Products And Upgrades
After promoting a big announcement for a few days, CEO Andre Eriksen has delivered as Asetek launch a range of new products and upgrades, including a new entry-level range which will be console compatible, free firmware updates and 360Hz iRacing compatability, and selling button boxes rather than wheels to improve the cost and upgradability of the Asetek range. T.H.O.R.P … [Read more...]
Asetek SimSports Partner With Kevin Magnussen
As a fairly recent brand to start producing sim racing equipment, there's bound to be attention as Asetek SimSports partner with Kevin Magnussen. The Haas F1 Team driver has been receiving plenty of attention for his performances since returning to Formula One as a last-minute sign-up at the start of the 2022 season. And along with being an official brand amabassador, he'll … [Read more...]