Logitech Acquires Blue Microphones for $117 Million In An All-Cash Deal

Logitech has agreed to caused audio equipment maker, Blueish Microphones, for a sum of $117 million in cash. The acquisition of Blueish Microphones means that the Snowball and Yeti line of microphones volition now be Logitech property, which means professionals ranging from musicians to podcasters who need high fidelity audio recording will now exist headed to Logitech stores.

Logitech announced the conquering via an official blog postal service, even so, it is non known whether Blue Microphones will continue to operate every bit a divide make, just like other intellectual properties of Logitech such every bit Ultimate Ears, Astro Gaming and Jaybird.

"Logitech's conquering of Blue Microphones will accelerate our entry into a growing market, and offers another way for united states to help bring people's passions (from music to blogging) to life. Joining with Blue is an next opportunity for us – a new way to grow – with additional synergies related to our existing gaming, PC webcam and audio categories. It'south exciting!", Logitech CEO, Bracken Darrell said.

Bluish Microphones offers a wide range of sound equipment, especially microphones, in unlike price brackets catering to entry-level consumers as well as professional artists. Adding Blueish Microphones' offerings to its portfolio of products is expected to aid Logitech cater to a wider audience.

"Blue and Logitech have a lot in common. Both companies work at being small, fast and hungry, crafting great products with cutting-edge design and technology. Nosotros're an established leader in the broadcasting space with a strong product portfolio. Logitech has design at its middle, tech know-how and global accomplish. Together we can exercise astonishing things", Blue Microphones CEO, John Maier said about the acquisition.