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Mergers: Logitech wants to buy Plantronics
  • Logitech has offered more than $2.2 billion to acquire Plantronics, one of the sources said. As of the end of trading on Friday, Plantronics had a market capitalization of about $2 billion.

    If the negotiations prove successful, a deal between Logitech and Plantronics could come as early as next week, the sources said, cautioning that it was also possible that no agreement would be reached.

    It fully matches with direction Logitech top management choose - making cheap plastic things with branding and top margins. I am not even talking about bad switches quality in all of their mice.

    Most fun thing is that they fully ignored and not picked up division of Gibson that had been axed - former Philips Fidelio line engineers and designers. At least this guys really cared about stuff they do.