Categories: world

Logitech wants to buy Plantronics for over $ 2 billion

November 24, 2018 Business 4 Views Less than four months after announcing it would acquire Blue Microphones, Logitech is trying…

Less than four months after announcing it would acquire Blue Microphones, Logitech is trying to make an even bigger purchase: Plantronics. Reuters reports that Logitech offers as much as $ 2.2 billion in hopes of adding the headset to its side. If the negotiations prove successful, a deal can be announced sometime next week, but nothing has been completed.

Plantronics would be Logitech’s most expensive acquisition so far and strengthen the company’s range of PC and mobile accessories. Gaming peripherals have also proved to be a boost for Logitech’s bottom line. According to Reuters, both companies are trying to reduce manufacturing costs and minimize the effects of Trump Administration tariffs on imports from China to the United States. Going together is really a way to do it.

Plantronics manufactures a range of Bluetooth headphones / ear plugs, office headphones and connectors, and there are also a range of Bluetooth headphones and headphones for consumers. Photo by Chris Welch / The Verge

Other accessories. The company’s appropriate earplugs are well-reviewed and Plantronics continues to release traditional Bluetooth earpieces after many other companies have moved from that segment – a sign of footstep in the office environment. According to the company, Neil Armstrong’s famous words conveyed as he walked on the moon’s surface through a Plantronics headset.

Logitech has already spent more on acquisition in 2018 than a year earlier, and it only counts the Blue Agreement.

Logitech’s Remarkable Acquisitions:

  • 2018: Blue Microphones (117 Million Dollars)
  • 2017: Astro Gaming ($ 85 Million)
  • 2016: ] ($ 50 million), Saitek ($ 13 million)
  • 2008: Ultimate Ears
    Source link
Published by