Reuters is reporting on some strong indications and rumors that Microsoft may be eyeballing PC accessory maker Logitech for a ripe acquisition. In subsequent financial news, Logitech's stoke rose as much as 12% based on this speculated acquisition rumblings.
Previously, analysts labeled rumors of a possible $8 billion takeover bid as unlikely. In addition, Daniel Borel, Logitech board member and owner of a 6% stake within the company, dismissed any acquisition rumors and remained firm that the company won't be sold off despite having virtually no say in a future final deal.
"I am a co-founder of Logitech. Would you be willing to sell your child? I have no reason to sell. But I will not be the one to decide. I own only some 6 percent so I will neither enable nor prevent a sale of Logitech."
I own both a 5.1 speaker setup from Logitech and a keyboard/mouse from Microsoft; if this deal comes to fruition in the future, hopefully my speakers will continue to act friendly towards my mouse.
Kyle Stallock
Updated June 4th, 2008
Indie Games Journalism
Brendon Lindsey
Updated September 9, 2008
Blu-Ray Review: Trans...
Frank Ling
Updated: Aug. 1th, 2008 Are you a game snob?
Eddie Inzauto
Updated Wed, September 3
Too Human scribblings
GamerNode needs your help. Register
now and join thousands of gamers in a
crusade to spread the word of
GamerNode!
Join the Node Army!
I have Logitech speakers, mouse, keyboard, headset, webcam.
I like being a Logitech fanboy, I don't want to have to say I'm a microsoft fanboy =[
NOOO logitech should never join M$