Bankrupt Mad Catz is somehow back from the dead

[Administrator]

A year ago peripheral maker Mad Catz filed for bankruptcy, but today has announced it is back in business under new management.
The new owners are a team in Asia who worked in Mad Catz manufacturing and development before it closed, I've been told. There's also a new chief technical officer, an American chap called Arnie Grever.
"Thankfully this is not a case of a nameless corporation buying the assets and running the brand down," Mad Catz' PR Alex Verrey - former global PR director of the company, though now independent - told me.
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