February 29, 2024
Logitech Acquires Blue Microphones for $117 Million

Logitech Acquires Blue Microphones for $117 Million

Posted July 31, 2018 at 3:26am by iClarified
Logitech has acquired Blue Microphones for $117 million in cash. The company revealed the acquisition when announcing its financial results for the first quarter of Fiscal Year 2019.

Logitech agreed to acquire Blue Microphones, based in Southern California, for approximately $117 million in cash, assuming breakeven net working capital at close. Blue Microphones is a leader in studio-quality microphones for professionals and consumers. The Blue Microphones acquisition is a new adjacent opportunity for Logitech, consistent with the Company’s approach to M&A. The transaction, which is expected to close by the end of August 2018, should contribute approximately one point of sales growth in Fiscal Year 2019.

Blue Microphones makes numerous popular microphones used by podcasters including the Snowball, Yeti, Spark, Nessie, and others.

Logitech Acquires Blue Microphones for $117 Million
Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
iClarified Icon
Would you like to be notified when we post a new Apple news article or tutorial?
You must login or register to add a comment...
Recent. Read the latest Apple News.
Tutorials. Help is here.
Where to Download macOS Monterey
Where to Download macOS Ventura
AppleTV Firmware Download Locations
Where To Download iPad Firmware Files From
Where To Download iPhone Firmware Files From
Deals. Save on Apple devices and accessories.