Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Analyst Comment

Asetek: Enters a license agreement with a global console manufacturer

By Philip CoombesEquity Research Analyst
Asetek

Asetek, a manufacturer of high-end gaming hardware for liquid cooling and Sim-racing, announced it has entered a license agreement with a global console manufacturer, currently non-disclosed. Asetek expects the first SimSports products for console will be ready to launch next year, in H2 2025, according to CEO André Sloth Eriksen. The agreement is part of a broader multi-channel go-to-market plan to accelerate growth in SimSports.

According to Asetek, around 80% of lifetime players of e-racing games are console-based, extending Asetek’s audience beyond its currently addressed PC-gaming market, which constitutes the remaining 20%. The console product launch will follow a more mid-market SimSports product line for PCs earlier in 2025, and the name of the global console manufacturer involved will be announced as soon as permission has been granted.

Disclaimer: HC Andersen Capital receives payment from Asetek for a DigitalIR/corporate visibility subscription agreement. / Philip Coombes 14:50 15.10.2024

Asetek is a global leader within liquid cooling solutions for high-end PC’s and also produces high-end equipment for SimSports. Asetek was listed on the OBX Oslo Stock Exchange in 2013. Asetek’s liquid cooling of high-end PC’s and eSports enthusiasts is its largest segment. Its sealed loop liquid cooler supports the thermal challenges of the computers and can also be implemented at data centers to provide significant energy savings and recapturing of heat against the air cooling industry norm; however, this segment remains relatively smaller. In 2021 Asetek made its first expansion into the SimSports Gaming market with its high-end SimRacing pedals, designed to create an immersive experience for sim racers. Asetek plans to expand further into the SimRacing value chain with ambitions to release wheelbases, steering wheels, shifters, and other end-user customization options.

Read more on company page
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.