Mad Catz had a long shelf life as a manufacturer of third-party hardware, peripherals, and arcade sticks. Then came a bad year in which the company severely overestimated the need for Rock Band peripherals, which ultimately led to the company's bankruptcy and closure.
But out of the blue, it appears that Mad Catz has risen from the grave.
The LittleBigPR YouTube account teased an announcement two weeks ago dated for today. That announcement is apparently the return of Mad Catz. But just who's running them?
According to Eurogamer, a new firm of Asian investors who formerly worked in Mad Catz manufacturing and development are the company's new owners. Furthermore, the company is ready to get off the ground right now. New Mad Catz peripherals will be on display at next week's Consumer Electronics Show in Las Vegas, which include new peripherals for PC users.
For an idea of what Mad Catz has meant to arcade aficionados, watch the video below.