Mad Catz Interactive, a leading third-party interactive entertainment accessory provider, announced today the expansion of the Aviator line of flight sticks to include two new models - the Saitek Aviator Flight Stick for Xbox 360 and the Saitek Aviator Flight Stick for PLAYSTATION 3.

Although it was aquired by Mad Catz, Saitek has managed to reborn an icon among the keyboards and release the Saitek III keyboard. The third Saitek series is a sleek backlit multimedia keyboard with touch-sensitive lighting and volume controls, and adjustable, multi color backlighting shortcut keys. The backlight of the keyboard can vary in colors depending on the user's preferences. Once you made some changes to the keyboard's color or its settings they'll remain unchanged after system reboot. This USB 2.0-connected peripheral also comes with a 2-stage height adjustment and removable wrist rest increase comfort, laser-etched keys, a head phone and microphone audio ports. There is no word on pricing or availability yet.

Mad Catz Interactive, a leading third-party interactive entertainment accessory provider, has entered into a definitive agreement to acquire 100 percent of the shares of the private holding company that owns Saitek's worldwide operations. Saitek is a leading worldwide provider of PC games accessories, PC input devices and multimedia audio products. The deal cost Mad Catz $30 million, $15.5 million of which was in cash and borrowings, and the rest in convertible notes at a rate of 7.5 per cent. Commenting on the transaction, Darren Richardson, President and Chief Executive Officer of Mad Catz, said, "PC games peripherals is a category closely adjacent to our core console business and we are thrilled to be adding one of the world's leading providers to the Mad Catz family. Saitek significantly enhances Mad Catz' position as one of the world's leading games peripherals companies and provides us an entree into the businesses of PC mice, keyboards and speakers and electronic chess and intelligent games.