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Longtime producer of third-party gaming peripherals Mad Catz has filed for bankruptcy.

The San Diego-based company officially filed for bankruptcy yesterday, March 30th. All of the directors and officers of the company have resigned effective immediately.

Things sound pretty bad as their wholly-owned subsidiary, Mad Catz, Inc., ceased operations and also has filed a voluntary petition to liquidate the assets of the company. Furthermore, other company subsidiaries have filed or will file for liquidation, pending their countries of origin.

Mad Catz was founded way back in 1989. It primarily focused on gaming accessories like memory cards, connection cables, control pads or controllers, and more. They also dabbled in software publishing, as well as officially-licensed peripherals for games like Rock Band 3.

I currently use a Mad Catz R.A.T. 7 gaming mouse, and I love it (gotta have that pinky shelf). Have you guys ever used Mad Catz peripherals before? Sound off in the comments below!