Logitech has announced that they’re acquiring Blue Microphones for $117 million USD.
“Logitech’s acquisition of Blue Microphones will accelerate our entry into a growing market and offers another way for us to help bring people’s passions (from music to blogging) to life. Joining with Blue is an adjacent opportunity for us – a new way to grow – with additional synergies related to our existing gaming, PC webcam and audio categories. It’s exciting!” said Bracken Darrell, Logitech CEO.
The all-cash deal will include Blue’s microphone lineups such as the Snowball and the Yeti to be added to alongside Logitech’s other brands such as Astro Gaming, Jaybird and Ultimate Ears.
“With Logitech’s vast resources and incredible reach, Blue will be on a much bigger stage from the beginning. The end result is fulfilling our ultimate purpose – helping as many of our users find and amplify their voice as we can!” said Blue CEO, John Maier.
The deal is expected to close later this year.