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Mad Catz has ceased operations and filed for bankruptcy

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After nearly three decades of being in the gaming industry, but having a rough time in the last few years, well-known accessory maker Mad Catz has ceased its operations and filed for bankruptcy.
Mad Catz is a company that has been synonymous with the gaming industry for nearly three decades. Over its lifetime, the firm has produced various accessories for home consoles like controllers , arcade style fighting sticks, mice, keyboards, and more. Unfortunately, after several years in decline, the firm has officially thrown in the towel, ceasing operations and filing for bankruptcy.
The early signs of the company’s demise surfaced last year when its stocks were valued incredibly low and CEO Darren Richardson resigned from his position.

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