Accessory maker Incipio buys into audio with headphone vendor Skullcandy, in a deal worth approximately $177 million in cash.
The deal covers the two headphone brands owned by the company, Skullcandy and Astro Gaming.
“We have long admired Skullcandy’s culture of innovation and ability to create pioneering audio experiences with quality and style," Incipio says. "Skullcandy and Astro amplify our dynamic mix of products and brands, while bolstering the technical and operational capabilities that serve as the foundation of our platform. The team at Skullcandy and its international presence will also allow us to accelerate the global impact of our multi-brand offense.”