Recently, the game peripheral company Turtle Beach announced that it was exploring potential opportunities for acquisition. According to Reuters, the source said that the company has been in dialogue with some potential buyers. The news that the company is considering being acquired was released after quarterly earnings were released this week.
"Based on this outreach, we signed 10 (confidentiality agreements) and held 9 management meetings," Turtle Beach said in the letter. After the latest quarterly financial report, the company told shareholders that it was exploring acquisitions and actively seeking to improve its value to them.