Rumors are circulating that Microsoft is considering a bid worth just over $8 billion for computer peripherals maker Logitech, which is currently valued at around $6.3 billion. Such a deal would be Microsoft's biggest ever and while the world's largest software maker has built a solid hardware business of its own, buying Logitech would make Microsoft the world's largest maker of computer mice and give it a significant presence in the speaker and gaming hardware markets as well.

Microsoft and Logitech have declined to comment on the speculation - which has already added 12% to Logitech's stock price - so until either company is ready to confirm or deny the takeover, we should probably take this news with a large grain of salt.