Microsoft May Try To Eat Logitech

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SySAdmin

ASE Bot Joined: January 10, 1995 Status: Offline Posts: 120 Rep:

Microsoft May Try To Eat Logitech

Fri Jan 11, 2008 12:52:56 AM #47076 Perm Link

There is a new news item posted at »ASE Labs

»Microsoft May Try To Eat Logitech

Rumor has it that Microsoft placed a bid on buying out Logitech. I really hope this isn't true. <a href="http://www.reuters.com/article/technology-media-telco-SP/idUSL1049519220080111">The bid made Logitech's shares soar on the news</a>.

Quote
A spokesman for Logitech, the world's largest maker of computer mice, was not immediately reachable for comment. Logitech shares were up over 12 percent to 39.46 francs by 0900 GMT before paring gains to trade up 9 percent. Traders said rumours were circulating that Logitech, which has a market capitalisation of around 7 billion Swiss francs ($6.3 billion), would receive a takeover bid at 48 francs per share from Microsoft.

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Tornado

Retro Grade Joined: August 16, 2003 Status: Offline Posts: 2958 Rep:

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Fri Jan 11, 2008 11:50:28 AM #47082 Perm Link

That is a scary thought.

Michael: Jodie, how's my schedule look for today?
Jodie: You've got a conference and dinner party at the Japanese Embassy regarding wildlife protection.
Michael: Oh, yeah...sorry, but I'll have to cancel that. I'm heading out to save America!

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RudeMoody