Logitech Acquired Blue Microphones For $117 Million
Logitech will acquire the microphone company Blue with $117 million in cash.
“Logitech’s acquisition of Blue Microphones will accelerate our entry into a growing market and offers another way for us to help bring people’s passions (from music to blogging) to life. Joining with Blue is an adjacent opportunity for us a new way to grow – with additional synergies related to our existing gaming, PC webcam and audio categories. It’s exciting!” – Logitech CEO, Bracken Darrell
“Blue and Logitech have a lot in common. Both companies work at being small, fast and hungry, crafting great products with cutting-edge design and technology. We’re an established leader in the broadcasting space with a strong product portfolio. Logitech has design at its heart, tech know-how and global reach. Together we can do amazing things.” – Blue Microphone CEO, John Maier
Visit Logitech’s blog for more.