Is Microsoft Looking at Logitech?
Posted by Chris Leckness on 01/10/08 in Logitech, Microsoft
Luigi dropped me a line pointing to an article at PC Pro where they talk about a Microsoft targeting Logitech for a takeover. I will say right up front that this is just a rumor and far from confirmed. Just letting everyone know since it would mean a big impact for laptop accessories.
Speculation is circulating that Microsoft is planning a takeover bid for peripheral maker Logitech.
The software giant is reportedly considering a bid worth just over $9 billion for Logitech, which is currently valued at around $6.3 billion.
This would mean that Microsoft would become the hands down leader of computer accessories. Is this a good thing. As much as I love Microsoft’s products, I don’t really think this would be. Logitech makes some impressive products and lots of them. Would Microsoft hinder the progress at Logitech? Doesn’t competition breed excellence? If Logitech is under the Microsoft Umbrella, who does that leave? Just Belkin?
Even if I don’t think it would be overall great, It would be huge for Microsoft and Logitech investors. In fact, this rumor alone pushed Logitech stock up 12% already.
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, potentially tying in with its Zune music players and Xbox games console.
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