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Logitech to buy video conferencing firm LifeSize

Discussion in 'TechSpot News and Comments' started by Jos, Nov 11, 2009.

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  1. Jos TechSpot Staff

    Computer peripherals maker Logitech has announced that it is acquiring video conferencing company LifeSize, in a deal worth $405 million in cash. The company offers a range of HD video conferencing solutions from large purpose-built video conference rooms to cost-effective add-on bundles for small businesses and remote workers.

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    Jos, Nov 11, 2009
    #1

  2. freedomthinker TechSpot Enthusiast

    Nice , i love Logitech ! The best there is ! Hehe .. But im wondering why did they buy the company ?
    freedomthinker, Nov 11, 2009
    #2

  3. treeski TechSpot Enthusiast

    Sounds good to me. Logitech is one of the few really solid companies in my opinion. They put out really great products at mostly reasonable prices that last a long time.

    @freedomthinker: If Logitech is looking to expand (as they are), it's probably more cost effective to purchase a company that's in the direction they are looking to, and then expanding it, as opposed to entirely reinventing stuff that already exists.
    treeski, Nov 11, 2009
    #3

  4. Wendig0 TechSpot Paladin

    Sounds like a great deal! I look forward to the goddies that come from this!
    Wendig0, Nov 11, 2009
    #4

  5. Julio Franco TechSpot Editor

    Weird fact (at least for me): Did you know Logitech was a Swiss born company? For some reason I always thought of them as a regular US-based peripheral maker.
    Julio Franco, Nov 11, 2009
    #5
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