Report claims Logitech wants to purchase Plantronics for over US $2 billion
Sunday, November 25, 2018 at 3:45AM Logitech still seems to be keen on purchasing other accessories makers. This time around, the company has reportedly set its sights on Plantronics. Logitech has reportedly offered as much as US $2.2 billion to purchase the headset maker. And if the deal pushes through, we should hear about it in the coming week. This acquisition will be Logitech’s most expensive purchase to date. But it would also boost the company’s lineup of PC and mobile accessories. According to Reuters, both companies are trying to reduce manufacturing costs and hope to lessen the impact of the Trump administration’s tariffs on Chinese imports into the US. Working together is one way to do just that.
Plantronics main business focuses on Bluetooth headphones and earbuds, unified communications systems, wireless headsets, conferencing systems, and some software, which it sells to businesses and consumers. It also has fitness-focused accessories. The company claims the headphones worn by Neil Armstrong during his first moonwalk was made by Plantronics.
