Mad Catz, Inc., purveyors of video game accessories and peripherals, has officially closed. The company filed for chapter 7 bankruptcy, a filing that means that they have no intention of reorganizing, and they’ve begun the process of liquidating their assets.
This comes after their decision to work with Harmonix in 2015 towards publishing Rock Band 4. Mad Catz hitched their apple wagon to that Rock Band 4 cart, pinning a lot of their fate on the release of a single game. Rock Band 4 tanked commercially, and Mad Catz was saddled with trouble.
Mad Catz had a mixed history
Mad Catz pushed onto the video game landscape in 1989. During the 90s, they were seen jokingly as the makers of the controller you hand your rotten cousin when he comes visiting and demanding time with 1080 Snowboarding on you 64. In the 2000s, though, Mad Catz got into the arcade stick industry hard, and they popped up as a maker of genuinely good sticks.
In the arcade and fighting scenes, Mad Catz will be missed. They made great stuff.