Logitech acquiring Jaybird for $50M as it looks to expand active lifestyle wireless lineup

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Logitech acquiring Jaybird for $50M as it looks to expand active lifestyle wireless lineup

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<p>Computer peripheral company Logitech today announced that it will acquire popular audio company Jaybird. For those unfamiliar, Jaybird offers a variety of headphone products over recent years, most of which have been wireless. Logitech says the deal is worth $50 million in cash, with an additional earn-out of up to $45 million based on achievement of growth targets over the next two years.</p>
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Source: Logitech acquiring Jaybird for $50M as it looks to expand active lifestyle wireless lineup