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Stock impact report

ACCO Brands Closes PowerA Acquisition

Acco Brands Corporation (ACCO) 
Last acco brands corporation earnings: 2/11 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.accobrands.com
Company Research Source: Business Wire
LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today announced that it has closed the acquisition of PowerA, a leading provider of third-party video gaming controllers, power charging solutions and headsets. PowerA has a multi-year track record of partnering with the leading gaming platforms and title publishers in the console gaming industry."The addition of PowerA represents a major step in our continuing strategy to transition the company into a faster growing, consumer-focused business. After the acquisition, more than 50 percent of our sales will come from consumer, school, and technology products, which will offer faster growing market demand over the next several years. We are very excited to have PowerA become a part of ACCO Brands," commented Boris Elisman, Chairman, President and Chief Executive Officer of ACCO Brands.Details of the transaction can be found on www.accobrands.com. Please refer to the following links: press release and presentatio Show less Read more
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