Based on a report from Reuters, this might be Logitech’s largest acquisition by far to this point. This might additionally assist diversify its enterprise and transfer into new markets.
Apparently, the most important motivator is to chop down manufacturing prices attributable to tariffs on imports between China and the US.
It will come as Logitech and Plantronics search to maintain down manufacturing prices following the introduction of tariffs on imports from China into the US.
Logitech plans to reportedly purchase Plantronics at $2.2 billion. Reuters says that if issues fall into place, the acquisition will happen someday subsequent week. Nevertheless, it’s completely doable that no settlement occurs in any respect.
Such an acquisition may result in Logitech releasing a consumer-level wi-fi headphone, competing with the likes of Sony, Bose, and even Microsoft.
Apple is rumored to be engaged on an over-ear wi-fi headphone of its personal, slated for 2019. The corporate already has AirPods, that are actually wi-fi earbuds that make it straightforward to pair and change between a number of gadgets.