Logitech want to buy Plantronics for $2.2 billion

For Logitech, in order to dilute the cost and diversify its business, they plan to acquire Plantronics, the US manufacturer of Bluetooth headsets and gaming headsets to compensate for the company’s lack of headphones.

According to Reuters, Logitech showed great sincerity in the acquisition of Plantronics. They bid more than 2.2 billion US dollars and as of the end of Friday trading, Plantronics has a market value of about 20 One hundred million U.S dollars.

The report mentioned that both parties are very interested in the acquisition. Because the bid is appropriate, the talks are also very pleasant. It is expected that the specific results will be announced as soon as next week.

In addition to the quotation, Logitech and Plantronics have in common that trying to reduce manufacturing costs so the combination of the two is the best choice and Logitech can also reinforce their lack of Bluetooth headsets.

Currently, Logitech and Plantronics have not made a public statement about the above news.

Zorain Zubair
Zorain Zubair
Zorain is co-founder of TechLapse. Based in Pakistan, Zorain is currently studying Business Management and aims to achieve the title of Chartered Accountant. Zorain loves writing about various technology news. He can be reached at: [email protected]

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