Logitech acquires Blue Microphones for $117 million in cash

Logitech expands its high-end audio market by acquiring Blue Microphones, which sells microphones from $60 to over $4000.

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Logitech has announced it will be acquiring Blue Microphones for a cool $117 million in an all-cash deal, which will see the microphone maker behind Snowball and Yeti joining the ranks of Logitech.

The company took a blog post and said: "For Logitech, this is a new space. But, at the same time, it's not at all. Gamers are already using our Logitech G webcams to stream. People are video calling with friends and family thanks to Logitech every day. And in business, our audio and video know-how is apparent every time a video meeting takes place at the office. Joining up with Blue and their microphone lines is a logical adjacent opportunity with great synergies".

Blue Microphones was founded in 1995 and make microphones starting from $60 right up to studio-grade microphones worth a huge $4000. Blue is infamous with musicians, podcasters, streamers, and everyone in-between who want high-quality microphones that blow their built-in microphones away. Logitech secures one of the best in this acquisition, so it'll be interesting to see what they do from here.

Logitech acquires Blue Microphones for $117 million in cash | TweakTown.com
NEWS SOURCE:theverge.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

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