Sunday, November 25, 2018

No Deal: Logitech Is Not Acquiring Plantronics

Last Saturday, a report from Reuters has claimed that the Swiss peripherals maker Logitech has been in discussions to acquire Plantronics which is known for their audio products. The report also stated that more than USD 2.2 billion (about RM 9.2 billion) is involved in the acquisition deal.

As it turns out though, the deal didn’t go through though. While Logitech has confirmed through a brief press release on Sunday that the company has indeed embarked in discussions with Plantronics, the talks have already been terminated.

Even though the acquisition will no longer take place, it was still a rather interesting move by Logitech who already acquired so many audio companies prior to its attempt on Plantronics. Among such brands that are now part of the Swiss company includes Ultimate Ears, Blue Microphones, ASTRO Gaming, and Jaybird.

Hence, we don’t think Logitech going to stop acquiring new companies anytime soon. Of course, then comes the question: who’s next?

(Source: Logitech)

The post No Deal: Logitech Is Not Acquiring Plantronics appeared first on Lowyat.NET.



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