Incipio is adding more to its stable of audio offerings by buying Skullcandy, the makers of flashy, youth-oriented headphones. According to Android Police, the terms of the acquisition offer US$5.75 for any shares of Skullcandy. This is then worth a combined $177 million in cash, making up a 59 percent premium over the brand’s current market value (including cash holdings and investments). Astro Gaming, Skullcandy’s gaming-specific brand of headphones and headsets are also part of the deal. More than anything, Incipio is getting the wide retail reach of Skullcandy, which develops everything from high-end Bluetooth noise-cancelling headphones to sweat-proof sport headsets to colorful and affordable earbuds.
The other recent acquisitions of Incipio include high-end speaker manufacturer Braven, accessory maker Incase, and beachwear company Tavik. If Incipio maintains its hands-off approach with its other purchases, you probably won’t notice any difference with Skullcandy.