Latest IT News » Business It News » Logitech denies takeover by Microsoft

Logitech denies takeover by Microsoft

Guerino De Luca, former CEO and chairman of Logitech, has denied rumors circulating since January, Microsoft wants to take over the group. Compared with the Italian newspaper “Corriere della Sera,” he said, that an acquisition an “operation without sense” is.

Because Microsoft is in the areas of mice, keyboards and webcams Logitech’s fiercest competitor, the competition authorities approve the acquisition would not. Both companies hold in the Periperiegeräten a combined market share of over 50 percent. Here comes Microsoft, according to De Luca, Logitech’s only 30 percent of market share.

After it was rumored in January, Microsoft would pay for the peripheral device manufacturers, to $ 8 billion, Logitech’s share price had climbed up significantly. The counters De Luca, the shares had risen for one day only. Moreover, without competition Logitech lacked the drive for continuous innovation.

The latest news from "Business It News"

SAP is of 4.3 billion dollars for Ariba

SAP is of 4.3 billion dollars for Ariba

Guerino De Luca, former CEO and chairman of Logitech, has denied rumors circulating since January, Microsoft wants to take over the group. Compared with the Italian newspaper “Corriere della Sera,” he said, that an acquisition an “operation without sense” is. Because Microsoft is in the areas of mice, keyboards and webcams Logitech’s fiercest competitor, the [...]

Ex-Yahoo-manager must be responsible for insider trading

Ex-Yahoo-manager must be responsible for insider trading

Guerino De Luca, former CEO and chairman of Logitech, has denied rumors circulating since January, Microsoft wants to take over the group. Compared with the Italian newspaper “Corriere della Sera,” he said, that an acquisition an “operation without sense” is. Because Microsoft is in the areas of mice, keyboards and webcams Logitech’s fiercest competitor, the [...]

Facebook’s stock slips on the second trading day from eleven percent

Facebook’s stock slips on the second trading day from eleven percent

Guerino De Luca, former CEO and chairman of Logitech, has denied rumors circulating since January, Microsoft wants to take over the group. Compared with the Italian newspaper “Corriere della Sera,” he said, that an acquisition an “operation without sense” is. Because Microsoft is in the areas of mice, keyboards and webcams Logitech’s fiercest competitor, the [...]

ITC Judge: Apple and RIM do not violate Kodak’s patents

ITC Judge: Apple and RIM do not violate Kodak’s patents

Guerino De Luca, former CEO and chairman of Logitech, has denied rumors circulating since January, Microsoft wants to take over the group. Compared with the Italian newspaper “Corriere della Sera,” he said, that an acquisition an “operation without sense” is. Because Microsoft is in the areas of mice, keyboards and webcams Logitech’s fiercest competitor, the [...]

Analyst: Apple will write the supply chain without the red

Analyst: Apple will write the supply chain without the red

Guerino De Luca, former CEO and chairman of Logitech, has denied rumors circulating since January, Microsoft wants to take over the group. Compared with the Italian newspaper “Corriere della Sera,” he said, that an acquisition an “operation without sense” is. Because Microsoft is in the areas of mice, keyboards and webcams Logitech’s fiercest competitor, the [...]

Third trading day: Facebook’s stock continues to fall

Third trading day: Facebook’s stock continues to fall

Guerino De Luca, former CEO and chairman of Logitech, has denied rumors circulating since January, Microsoft wants to take over the group. Compared with the Italian newspaper “Corriere della Sera,” he said, that an acquisition an “operation without sense” is. Because Microsoft is in the areas of mice, keyboards and webcams Logitech’s fiercest competitor, the [...]

Report: Google plans layoffs at Motorola Mobility

Report: Google plans layoffs at Motorola Mobility

Guerino De Luca, former CEO and chairman of Logitech, has denied rumors circulating since January, Microsoft wants to take over the group. Compared with the Italian newspaper “Corriere della Sera,” he said, that an acquisition an “operation without sense” is. Because Microsoft is in the areas of mice, keyboards and webcams Logitech’s fiercest competitor, the [...]