Rumor: Will Logitech be acquired by Microsoft?

logitechlogoReuters 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.


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Author: GamerNode Staff View all posts by

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