Logitech Acquires Blue Microphonesby Anton Shilov on August 2, 2018 11:00 AM EST
- Posted in
- Blue Microphones
Logitech this week continued its spree of high-profile takeovers by announcing plans to acquire Blue Microphones, a maker of microphones for professional musicians and gamers. The two companies hope that with Logitech’s resources they will be able to quickly grow the Blue Microphones business, which will become an integral part of Logitech’s strategy.
In the last ten years Logitech acquired five companies from audio and gaming industries. In the last couple of years, the company accelerated its takeover efforts by buying the Saitek brand from Mad Catz as well as acquiring Astro Gaming. Buying a microphone specialist makes sense for Logitech as Blue Microphones will complement its audio assets that already include speakers and headsets. Furthermore, Blue has a very strong brand because of the fact that its hardware are used by many famous artists, including Bob Dylan and Sting.
Logitech will pay $117 million in cash for Blue Microphones and expects the deal to close in August. At present the companies say that Logitech will maintain Blue’s product lineups, but actual business decisions obviously remain to be seen.
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Sources: Logitech, Blue Microphones
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rocky12345 - Thursday, August 2, 2018 - linkThat is a very valid point as well and if those patents are used in the industry by others or should I say products made and the patents are covered in the competing companies product then a company like Logitech can now either make hordes of money form it or shut force the other company to stop making the product until they find another way to produce the product.
rocky12345 - Thursday, August 2, 2018 - linkYou make some valid points for sure. Yep I have everything Logitech on my at home systems I like them and they work good. There may or may not be better products form other companies but I like them so I use them and I sell only Logitech keyboards and mice in my store unless I get a request from a customer to order something form another brand which I will do.
damianrobertjones - Sunday, August 5, 2018 - linkI'd prefer them to stay around if it's allowed.