Friday, April 15, 2016

Logitech Buys Jaybird For $95M

Newark, California-based Logitech International said this week that it has acquired Jaybird, a developer of wireless headphones, in a deal worth $50M in cash, and up to $45M in earnout. Jaybird was founded in 2008. Logitech said the acquisition will help it expand into the wireless audio wearables market. Jaybird was based in Salt Lake City, Utah.