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Logitech shares surge on talk of Microsoft bid | |
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| Time: 09:49 EST/14:49 GMT | News Source: Bink.nu | Posted By: Michael Dragone | ||
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Shares in Swiss-based computer peripherals maker Logitech International SA gained up to 12 percent on Thursday amid speculation Microsoft Corp (MSFT.O: Quote, Profile, Research) would launch a takeover bid, traders said. | ||
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| #1 By 7754 (206.169.247.2) at 1/10/2008 11:01:00 AM |
| Uh... why? Monopoly of the keyboard, mouse, and webcam market? |
| #2 By 2960 (72.196.195.185) at 1/10/2008 11:44:56 AM |
|
Buy the competition and then shelve it. The Symantec model :)
They could keep the remotes, but please oh PLEASE re-write the horrid software. |
| #3 By 2231 (72.5.151.4) at 1/10/2008 11:55:39 AM |
| Logitech makes great mice. I guess I should buy a few for the future before they are no more. |
| #4 By 60455 (71.12.191.230) at 1/10/2008 1:09:42 PM |
|
tsk...tsk...tsk... <why is it so hard to see...>
"It's all about the software" MS is a software company. MS makes SW for all things. MS makes SW tools for all devs (for all things). MS needs access to all of the bits that need SW. This year, convergence will be not about entertainment so much as it will be about everything else. All the devices that need SW. MS will gobble up a lot of these companies. Logitech just bought WiLife. MS will get that with this buy. MS will also need to control things for a bit. End to end. It won't work well without that. Everything, exposed to web services means that MS is going to drive Hardware + Software + Services. For all devices. The cloud is the glue. Dad saw that fusion when he started all this and drives it everyday. HW+SW+SVCS is our model and has been for many years. Only MS has all the pieces and Google is doomed. So is Apple. It is inevitable. Oh, and when it is all said and done, we'll lose, too. MS will eat its own young. Us, too. http://blogs.msdn.com/jvast/archive/2007/07/11/hey-hey-get-off-of-my-cloud.aspx <good thing we are good swimmers> |
| #5 By 3 (86.1.38.147) at 1/10/2008 2:35:53 PM |
| Would make a monopoly on keyboards and mice etc - but in fairness it is a good buy, Logitech have proven over the past year that both their mice and keyboards are better than what MS hardware has been putting out which is a major surprise. |
| #6 By 3653 (65.80.181.153) at 1/10/2008 2:51:18 PM |
| Sounds like complete BS to me. |
| #7 By 24214 (170.63.96.108) at 1/10/2008 3:37:09 PM |
| It makes sense. Microsoft is making huge strides in the presense and communication area as it is already. Purchasing Logitech gives them the hardware and knowledge they need to suceed even further and compete with the likes of Cisco and their purchase of Linksys. |
| #8 By 82766 (202.154.80.82) at 1/10/2008 3:54:35 PM |
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The story doesn't sound right to me. MS doesn't need to buy Logitech to further their business model of "providing software to run hardware".
Sure convergence requires all parties to work together but it doesn't require Microsoft to own them. That has not been Microsoft's business model over the last few years - even Gates says "we do software". Of course, that doesn't explain the existance of the Xbox 360, Zune or their KB/Mouse division :-) |
| #9 By 37 (66.188.104.250) at 1/10/2008 3:58:48 PM |
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MS can't have all their eggs in one basket, so they need to dabble in hardware. Their Office and Desktop OS may be a dying breed one day if everything is mobile and in the cloud.
However, Logitech buy out sounds fishy to me as well. MS does very well in their own right with their existing keyboards and mice. They are of high quality, and sell very well. |
| #10 By 3653 (65.80.181.153) at 1/12/2008 12:01:28 AM |
| the real question is, which company will be rumored to be acquired by msft NEXT week... so we can buy up some stock THIS week. C'mon yahoo rumor... its been a month... time to be recycled. |
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