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Logitech joins video conferencing trail

Posted 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.

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