Logitech in talks to buy Plantronics for over $2.2 billion

Posted on Saturday, Nov 24 2018 @ 13:20 CET by Thomas De Maesschalck
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Word is going around that Logitech is planning a massive acquisition. Sources familiar with the matter told Reuters that Logitech is in talks with Plantronics about a deal valued at over $2.2 billion. If the negotiations are successful, it will be the largest acquisition in Logitech's history.

While there is still a chance that the talks fall through, an announcement could follow as early as next week.
The deal would be by far Logitech’s largest acquisition and would illustrate the company’s push to diversify its business. It would come as Logitech and Plantronics seek to keep down manufacturing costs following the introduction of tariffs on imports from China into the United States.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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