Logitech buys video conferencing firm

November 13, 2009
The logo of the Swiss computer control devices manufacturer Logitech is seen in front of company offices in Morges. Switzerland-based Logitech is buying video-conferencing equipment firm LifeSize Communications in a 405-million-dollar deal expected to close next month.

Switzerland-based Logitech is buying video-conferencing equipment firm LifeSize Communications in a 405-million-dollar deal expected to close next month.

The acquisition promises to transform Logitech from a side player in the growing "tele-presence" market to a major contender vying with technology powerhouses such as Hewlett-Packard, IBM, and .

LifeSize was founded in Austin, Texas, in 2003 and specializes in high-definition video systems intended to mimic in-person discussions.

"LifeSize was founded on the vision of providing life-like visual-communication solutions to change the way the world communicates," said the private firm's co-founder and chief executive Craig Malloy.

"We believe that together with Logitech, we can realize that vision for all enterprises -- private and public -- and small and medium businesses."

The companies said they will pursue relationships with online collaboration and Internet telephony firms, and put Logitech's manufacturing, distribution, and research resources to work for LifeSize.

Logitech is a major maker of computer peripherals including keyboards, headphones, webcams, game controllers, and mouse devices. Logitech has been expanding into the tele-conferencing arena.

"We expect this acquisition to enable Logitech to extend our leadership in video communication beyond the desktop," said Logitech chief executive Gerald Quindlen.

"Together we can make life-like, HD-quality video communication as mainstream and seamless as a telephone."

Along with LifeSize, would acquire the company's more than 9,000 customers located in about 80 countries. The acquisition must win the approval by .

(c) 2009 AFP

Explore further: Google Buys Videoconferencing Tech

Related Stories

Google Buys Videoconferencing Tech

April 22, 2007

On the heels of its stellar first quarter results, Google announced Friday that it would add video conferencing software from Swedish company Marratech to its acquisition arsenal.

Cisco buys Flip Video maker

March 19, 2009

US networking giant Cisco Systems Inc. announced on Thursday it was buying Pure Digital Technologies, maker of the popular Flip Video camcorder, in a deal worth more than 600 million dollars.

G19 keyboard goes way beyond typing

March 25, 2009

It seems like the ordinary is no longer acceptable when it comes to the ordinary things we attach to our computers these days. For example, I'll bet the computer mouse you are using is at the very least an optical, cordless ...

Recommended for you

Magnetic fields provide a new way to communicate wirelessly

September 1, 2015

Electrical engineers at the University of California, San Diego demonstrated a new wireless communication technique that works by sending magnetic signals through the human body. The new technology could offer a lower power ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.