Logitech is acquiring Blue Microphones for $117 million in cash

Logitech is making a big purchase to secure a foothold in high-end audio recording. Tonight, the company announced that it’s acquiring Blue Microphones for $117 million. The all-cash transaction will result in Blue, known for USB condenser microphones including the Snowball and Yeti, joining Logitech’s existing portfolio of brands. Aside from Logitech and Logitech G, the company also owns Astro Gaming, Jaybird, and Ultimate Ears. Yeah, it’s putting together quite the roster.
Read more: https://www.theverge.com/circuitbreaker/2018/7/30/17633144/logitech-acquires-blue-microphones-announcement?source=Snapzu