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NOT A SUBSCRIBER?Logitech joins video conferencing trailPosted on November 11, 2009 2:00 PM
With Cisco Systems Inc. struggling with an offer for a European video conferencing company, computer peripherals maker Logitech International SA agreed late Tuesday to buy LifeSize Communications Inc. of Austin, Texas, as it looks to expand beyond its portfolio of Webcams.
Logitech, of Morges, Switzerland, said it would pay $405 million for venture capital-backed LifeSize, a five-year-old maker of high-definition video conferencing software and equipment. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline.
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