Moving into web video communication, Logitech buys SightSpeed for $30 million
Logitech International has acquired Internet video communication firm SightSpeed for $30 million.
Switzerland-based Logitech, which makes computer mice and other peripherals, will get access to SightSpeed’s video calling technology. SightSpeed makes it easy to conduct video conferences between multiple parties over the web. The deal is subject to closing conditions and is expected to finalize in early November.
Junien Labrousse, executive vice president of Logitech’s products group, said that the deal would significantly increase the company’s video… Continue Reading