Logitech reportedly wants to buy Plantronics for over $2 billion

Logitech reportedly wants to buy Plantronics for over $2 billion

5 years ago
Anonymous $L9wC17otzH

https://www.theverge.com/2018/11/24/18109917/logitech-plantronics-acquisition-rumor

Less than four months after announcing it would acquire Blue Microphones, Logitech is reportedly trying to make an even bigger purchase: Plantronics. Reuters reports that Logitech is offering as much as $2.2 billion in hopes of adding the headset maker to its ranks. If negotiations prove successful, a deal could be announced sometime this coming week, though nothing has been finalized.

Plantronics would be Logitech’s most expensive acquisition to date and bolster the company’s lineup of PC and mobile accessories. Gaming peripherals have also proven to be a boost for Logitech’s bottom line. According to Reuters, both companies are trying to reduce manufacturing costs and minimize the impact of the Trump administration’s tariffs on China imports into the US. Joining together is certainly one approach to doing that.

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