Logitech snaps up wireless earbuds maker JayBird for $50M

62
Source:   —  April 13, 2016, at 6:49 AM

“The Jaybird team will have all the scope to innovate they'd before,” said Rory Dooly in a post on the Logitech blog. “They’ll continue to feed the Jaybird brand and design products love the latest X2 wireless buds.” Matt likes the X2s and Darrell liked JayBird’s other gear, so it looks love Logi has bought themselves a solid business here.

Logitech snaps up wireless earbuds maker JayBird for $50M

Consumer gadgets standby Logitech has acquired JayBird, a maker of fitness-focused wireless earbuds and trackers, for $50 million in cash, the companies announced today.

“The Jaybird team will have all the scope to innovate they'd before,” said Rory Dooly in a post on the Logitech blog. “They’ll continue to feed the Jaybird brand and design products love the latest X2 wireless buds.”

Matt likes the X2s and Darrell liked JayBird’s other gear, so it looks love Logi has bought themselves a solid business here.

In addition to the cash, $45 million is on the table should growth targets be hit over the following two years.

“It has been an incredible journey,” JayBird founder Judd Armstrong wrote in the press release announcing his company’s acquisition. It’s a familiar refrain, but maybe with Logitech looking on approvingly from above, JayBird will presently be able to fly free and untethered, love the wireless headphones it loves so much to create.

 

READ ALSO
Everything the tech world says about marketing is incorrect

Everything the tech world says about marketing is incorrect

io. How to connect the network The biggest problem in marketing in the tech world today is that too many marketers don't know the first thing about marketing.

68
One person arrested at Amsterdam airport

One person arrested at Amsterdam airport

It was unclear what caused the security presence, but Tuesday night, airport executive wrote that portion of the airport "isn't accessible due to an incident.

56
French Homosexual Airline Stewards Petition For Right Not To Fly To Iran

French Homosexual Airline Stewards Petition For Right Not To Fly To Iran

The men declare they don’t wish to have to fly to a country where their sexuality is punishable by death. Their employer, Air France reestablished its route to Teheran latest January.

48
Marijuana Exhibit Opening At Oakland Museum Of CA

Marijuana Exhibit Opening At Oakland Museum Of CA

The exhibit will trace the history of weed, from scary predictions of Reefer Madness, to the stoner comedy of Cheech and Chong, to the point when America began discussing pot in a more serious way.

48