M&A Deal Summary

Logitech Acquires SightSpeed

On October 28, 2008, Logitech acquired internet software and services company SightSpeed for 30M USD

Acquisition Highlights
  • This is Logitech’s 1st transaction in the Internet Software and Services sector.
  • This is Logitech’s 6th largest (disclosed) transaction.
  • This is Logitech’s 2nd transaction in the United States.
  • This is Logitech’s 2nd transaction in California.

M&A Deal Summary

Date 2008-10-28
Target SightSpeed
Sector Internet Software and Services
Buyer(s) Logitech
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

SightSpeed

Berkeley, California, United States
SightSpeed, Inc. is a provider of free and premium Internet video and voice communications services (VVoIP and VoIP).

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Buyer(S) 1

Buyer

Logitech

Lausanne, Switzerland

Category Company
Founded 1981
Sector Technology Hardware
Employees8,200
Revenue 4.3B USD (2024)
DESCRIPTION

Logitech designs, manufactures, and markets cordless products for personal computers, gaming consoles, portable music players, and mobile phones. Logitech was founded in 1981 and is based in Lausanne, Switzerland.


DEAL STATS #
Overall 2 of 11
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 2 of 10
State (California) 2 of 5
Country (United States) 2 of 8
Year (2008) 1 of 1
Size (of disclosed) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-18 Slim Devices

Mountain View, California, United States

Slim Devices, Inc. is a network based devices for streaming music throughout the home.

Buy $20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-11 LifeSize

Austin, Texas, United States

Lifesize is a global provider of video conferencing and omnichannel contact center solutions to millions of users through channel partners in over 100 countries. LifeSize was formed in 2003 and is based in Austin, Texas.

Buy $400M