Connect with us

Hi, what are you looking for?

News

Logitech Acquires Blue Microphones for $117 Million

Logitech Acquires Blue Microphones

Logitech agreed to acquire Blue Microphones, based in Southern California, for approximately $117 million in cash, assuming breakeven net working capital at close. Blue Microphones is a leader in studio-quality microphones for professionals and consumers. The Blue Microphones acquisition is a new adjacent opportunity for Logitech, consistent with the Company’s approach to M&A. The transaction, which is expected to close by the end of August 2018, should contribute approximately one point of sales growth in Fiscal Year 2019.

Blue Microphones products are used by music artists – legends and talents such as Bob Dylan and Imagine Dragons – so they can create their own distinctive sound in the highest quality. The company is most known for their Yeti and Snowball lines of microphones.

Logitech CEO, Bracken Darrell said:

“Logitech’s acquisition of Blue Microphones will accelerate our entry into a growing market, and offers another way for us to help bring people’s passions (from music to blogging) to life. Joining with Blue is an adjacent opportunity for us – a new way to grow – with additional synergies related to our existing gaming, PC webcam and audio categories. It’s exciting!” said Bracken Darrell, Logitech CEO.

Blue Microphones CEO, John Maier said:

“Blue and Logitech have a lot in common. Both companies work at being small, fast and hungry, crafting great products with cutting-edge design and technology. We’re an established leader in the broadcasting space with a strong product portfolio. Logitech has design at its heart, tech know-how and global reach. Together we can do amazing things.”

Advertisement. Scroll to continue reading.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

New Products

Dangbei DBOX02 (aka Mars Pro 2) Lifestyle Projector

New Products

At $1,899, the Dangbei DBOX02 is a featured packed portable 4K lifestyle projector that includes Netflix built-in for simplified streaming.

Marantz Model M1 Streaming Amplifier Marantz Model M1 Streaming Amplifier

Digital Music Systems

Marantz releases two all-in-one solutions for streaming digital music from one box. Find out if the M1 or M4 is right for you.

Denon DL-103o and DL-103R Moving Coil Phono Cartridges Denon DL-103o and DL-103R Moving Coil Phono Cartridges

New Products

In collaboration with Devon Turnbull, the Denon DL-103o moving coil phono cartridge contains a DL-103R in a stylish clear case.

Unitra at High END Munich 2024 Unitra at High END Munich 2024

New Products

Unitra is back. Now under new ownership, the Polish manufacturer showed its complete line of HiFi equipment at HIGH END Munich 2024.

Marten Coltrane Quintet Loudspeakers Marten Coltrane Quintet Loudspeakers

Floorstanding Speakers

At $190,000/pair, Marten Coltrane Quintet loudspeakers feature a new 5-driver design for improved bass response, dynamics and resonance reduction over its predecessor, Coltrane 3.

TEAC UD-507 USB DAC / Preamplifier / Headphone Amplifier in Silver TEAC UD-507 USB DAC / Preamplifier / Headphone Amplifier in Silver

Headphone Amps

Borrowing design concepts from TEAC’s top-of-the-line 700 Series, the standout feature of the UD-507 is TEAC’s new proprietary "TRDD5" (TEAC Reference Discrete DAC) designed...

You May Also Like

Gift Guides

Shop this season's best DTS powered products for everyone on your list - from gamers, music lovers, content creators, and cinephiles.

New Products

Waterproof, floatable, and designed to take a beating outside by the pool, the Ultimate Ears EPICBOOM Bluetooth speakers have arrived.

New Products

Moldable wireless earbuds fit into any ear so they stay in place for comfort, convenience and sound quality.

New Products

The $399 UE HYPERBOOM is a Bluetooth wireless speaker that is the biggest, loudest and bassiest from the Ultimate Ears BOOM lineup.

A/V Furniture & Accessories

Logitech Harmony Express is a $249 universal voice remote control with Amazon Alexa built-in that controls up to 15 devices.

Reviews

Custom design your own Ultimate Ear BOOM 3 portable Bluetooth Speaker at the new myBOOM studio website.

Reviews

The Logitech Z606 is 5.1 surround sound speaker system with Bluetooth for $129.99. Read our exclusive product review.

New Products

Go anywhere 360-degree speakers with improved durability Ultimate Ears has released the third-generation BOOM 3 and MEGABOOM 3 portable, waterproof Bluetooth speakers. Both have...

Advertisement

ecoustics is a hi-fi and music magazine offering product reviews, podcasts, news and advice for aspiring audiophiles, home theater enthusiasts and headphone hipsters. Read more

Copyright © 1999-2024 ecoustics | Disclaimer: We may earn a commission when you buy through links on our site.



SVS Bluesound PSB Speakers NAD Cambridge Audio Q Acoustics Denon Marantz Focal Naim Audio RSL Speakers