Logitech's LifeSize buy bewilders
Logitech's only video products are commodity Web cams, but that will change when the company closes a deal to buy high-definition videoconferencing vendor LifeSize Communications.
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Logitech to buy HD video company for $US405 million
Logitech plans to acquire LifeSize Communications, a company that makes HD video communications equipment, for US$405 million in cash, the companies said Tuesday.
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Logitech to cut staff, revise earnings forecast
Computer peripherals vendor, Logitech, has announced plans to slash its salaried workforce globally by 15 per cent and signalled intentions to revise down its 2009 growth targets for sales and operating income.