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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Nice , i love Logitech ! The best there is ! Hehe .. But im wondering why did they buy the company ?

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.

Sounds like a great deal! I look forward to the goddies that come from this!

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.