Razer has acquired THX: will operate as an independent startup
Razer has announced the company has acquired majority of the assets of THX Ltd. and have brought onboard the management and employees of the company.
“Razer has a vision for innovation at every level of entertainment, a vision which THX has championed since its inception more than 30 years ago,” says Razer Co-Founder and CEO Min-Liang Tan.
“This acquisition will allow us to reinforce Razer’s leadership in gaming and extend the brand into broader areas of entertainment, while at the same time empowering THX to develop into a global powerhouse, independently.”
The company which was founded by filmmaker George Lucas in 1983 will remain to operate independently under its own management and apart from its parent company as a new startup with focus on Best-in-Class Audio-Visual Certification, Optimization of Audio Experiences and Development of Core Audio and Visual IP.