Logitech is one of the largest companies on the planet, and according to some information that appeared today, it decided to buy Plantronics for 2.2 billion dollars. Logitech is one of the largest manufacturers of accessories globally, but the decision to buy Plantronics, specialized in Bluetooth headsets, should not be surprising, as the company's desire is to expand its portfolio.
Logitech still spends an impressive amount for this purchase, it being the largest so far for the company, but most likely the effort is worth making. The Logitech company announced that it wants to use Plantronics products to enter new global markets, but it remains to be seen what products it could offer.
Logitech wants to Buy Plantronics, here's how much
Logitech has another motivation to make this purchase, more precisely, the purchase of Plantronics would substantially reduce its production costs after the imposition of US sanctions against China. The discussions between Logitech and Plantronics have reached the point where only the contract has to be signed, and everything could happen this week.
Logitech International SA, a Swiss manufacturer of keyboards and webcams, is in discussions to acquire Plantronics Inc, a US maker of Bluetooth earpieces and gaming headsets. 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.
Logitech can seriously diversify its product line with the acquisition of those from Plantronics, but everything also depends on what the company will bring with it at the time of acquisition. Logitech makes a move that amazes a lot of people, and that's because no one expected such an important purchase from the company, at least not at the moment.
