Computer peripheral company Logitech has today announced that it is acquiring popular audio company Jaybird. Jaybird, for those unfamiliar, has released a variety of headphone products over recent years, most of which have been wireless. Logitech says the deal is worth $50 million in cash, with an additional earn-out of up to $45 million based on achievement of growth targets over the next two years.
acquisition Stories April 12, 2016
acquisition Stories February 2, 2016
Everyone can use an Echo Dot: Just $50!
acquisition Stories January 26, 2016
Sony will be acquiring an Israeli chip maker called Altair Semiconductor for $212 million, the handset maker announced in an official press release this week. Altair Semiconductor is known for its advancements with LTE (Long Term Evolution) modems. They’ve been working on making LTE chips that are faster, with lower power consumption, all while at a lower cost. This possibly means that Sony can deploy LTE technology to markets that may not have it as of yet. The acquisition is slated to be all wrapped up early by February 2016, just a few weeks away.
acquisition Stories July 27, 2015
According to a report from The Information, Google has made efforts in recent months to purchase the Impossible Foods startup. For those unfamiliar, Impossible Foods has been developing a cheeseburger made entirely out of plants, but that tastes and looks like one made out of ground beef.
acquisition Stories July 7, 2015
CrowdOptic is one of the most well-established of the 10 current Glass for Work parters, and now the company is in acquisition talks. According to people familiar with the matter, the company has been in advanced discussions with a Fortune 500 firm that intends to build software applications for the upcoming iteration of enterprise-focused Google Glass hardware… expand full story
acquisition Stories June 15, 2015
HTC ‘strongly denies’ rumors of possible ASUS acquisition
Following a report on Friday morning from Reuters, rumors began flying about a potential ASUS acquisition of struggling HTC. The original report was clear, with ASUS Chief Financial Officer David Chang quoted as saying that “the chances of an actual takeover are not big…” This morning, however, HTC has come out to say matter-of-factly that it “will not consider the acquisition.”
We strongly deny the news. We didn’t contact Asusteck[sic] and will not consider the acquisition. As an international brand, HTC will continue to design world-class innovative smart devices through its pursuit of brilliance brand promise.
HTC has been struggling over the last few years, and the problems have been amplified as of late following the company’s launch of its lackluster HTC One M9 smartphone. HTC CEO Cher Wang came out to apologize publicly for the company’s poor performance earlier this year, and it slashed its performance guidance for the April-June quarter following a 20% drop in its stock early last week.