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Microsoft takeover bid rumor: Are MS really buying Logitech?

By: Daniel Chubb | January 11, 2008 | Leave a Comment

Logitech

There are rumors flying around on the net saying that Microsoft are about to launch a takeover bid for Logitech. If this is indeed true does this really mean that they would be the largest product makers of many peripheral devices such as web-cams, mice and many others.

At the moment share prices are surging on speculation that giants Microsoft may make a take over bid which are valued at 48 francs per share, which means % premium over yesterday’s closing price.

Rumor or not who knows, but what we do know is that we are sitting in the corner here and knowing that Microsoft are great at software and not when it comes to hardware, will we see a great future, or will we see the brilliant Logitech name plummet into non-existence.

I can see Microsoft taking over Logitec but come on Logitech.

Let us know what you know please?

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