Logitech has announced that it has agreed to acquire wireless audio accessory company Jaybird. Logitech says the deal for Jaybird comes in at $50 million in cash with the potential for $45 million more if the company meets growth targets going forward.
For its part, Logitech is positioning this acquisition as a way to give a boost to its audio offerings, specifically in the wireless audio market. In a blog post, Logitech specifically praised Jaybird’s work on wireless earbuds for those with active lifestyles, like the X2 Bluetooth headphones:
We see it all…
Logitech acquires wireless earbud maker Jaybird for $50 million
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