Parent company Demant blames wider gaming market slowdown but admits it didn't wish to invest significantly in the business.
Epos' gaming business is being shuttered by parent company Demant, putting an end to the range of gaming headsets, microphones and accessories well-known under the Epos and Sennheiser brand names. All employees have reportedly been laid off.
Demant, a hearing aid company, no longer wishes to pursue gaming peripherals due to"weak consumer sentiment" in the gaming market. "... we do not see a viable path to creating a profitable business without significant investments in products, brand and distribution," Søren Nielsen, President & CEO of Demant, said in aDemant calls the closure a"wind down", as it will take until 2024 for the business and inventory of existing products to disappear. It will instead focus on enterprise and communications.
Epos' gaming business, born out of a previously demerged joint venture with Sennheiser, includes headsets such as the
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