GN Store to acquire SteelSeries from Axcel for $1.25bn.

GN Store, a Danish manufacturer of hearing aids and headsets, agreed to acquire SteelSeries, a Danish manufacturer of gaming peripherals and accessories, including headsets, keyboards, mice, controllers, and mousepads, from Axcel, a private equity firm, for $1.25bn. "SteelSeries is a premium gaming gear brand with a single-minded focus on helping gamers achieve glory. We are thrilled to become part of GN. The fit is perfect as we both share a relentless drive for creating cutting-edge technology to delight our customers. We see great upside in leveraging each organization’s unique strengths to build an even more formidable, unified company," Ehtisham Rabbani, SteelSeries CEO.