Most Popular
| Top Stories | Commented | Featured |
ATI Radeon HD 5570 Review featured
AMD's six-core Thuban to have feature like Turbo Boost?
Google to launch Twitter-like service for Gmail
Intel unveils Itanium 9300 series enterprise processors
Netflix to roll out 1080p streaming later this year
China closes major hacker ring, arrests three members
Sharp and Samsung end LCD patent suits with cross-licensing agreement
TS Community
| User Gallery | Recent Discussion |
 My Gaming Rig by Moltar |  New NASA Photo = New Desktop Pic by luvhuffer |
 Techmax v1 / pic 3 by cookieboy |  HAWAIIAN RAINBOW by earthlostangel |
TechSpot RSSIndustry News
Logitech to acquire SightSpeed for $30 million
It seems Logitech has had a busy week. Shortly after announcing its premium wireless guitar controller for the wildly popular Guitar Hero video game, the peripheral maker has revealed plans to enter the software market by acquiring internet video services provider SightSpeed for $30 million in cash.
Logitech already sells high-end video cameras, so the acquisition makes sense for the company as it vies to distinguish itself from competition by tying its hardware to software from SightSpeed. According to Logitech, the deal should help them “move more quickly toward [their] goals for video services” and take video-conferencing “beyond the PC.”
Logitech did not elaborate on the “beyond the PC” part, but we can probably expect stand-alone peripherals with SightSpeed technology built-in hitting the market after the acquisition is over.
Logitech already sells high-end video cameras, so the acquisition makes sense for the company as it vies to distinguish itself from competition by tying its hardware to software from SightSpeed. According to Logitech, the deal should help them “move more quickly toward [their] goals for video services” and take video-conferencing “beyond the PC.”
Logitech did not elaborate on the “beyond the PC” part, but we can probably expect stand-alone peripherals with SightSpeed technology built-in hitting the market after the acquisition is over.
Related Stories
