Mad Catz Runs Out of Livez

By Rich Stanton on at

The manufacturer of peripherals both fine and not-so-fine, Mad Catz is no more after filing for bankruptcy.

"[Mad Catz Interactive, Inc.] ceased operations and also has filed a voluntary petition for relief under chapter 7 of the United States Bankruptcy Code to initiate an orderly liquidation of the assets of the Company. In addition, certain of the Company’s other subsidiaries have filed or will file for liquidation under comparable legislation in their countries of origin.

The Company also announced that all of the directors and officers of the Company have resigned effective as March 30, 2017."

Mad Catz was founded in 1989 and always focused on game accessories, but in its first years at least had a reputation (fairly or not) for the odd dodgy product. The last decade had seen something of a relaunch of Mad Catz as a high-end accessories brand, and indeed products like the official Street Fighter IV joysticks did show a marked upturn in quality.