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Logitech on the up amidst Microsoft bid talk

In the world of computer users, there are two types of mouse and keyboard users – those who prefer Microsoft and those who prefer Logitech. Oddly enough, Microsoft itself may prefer Logitech as stock traders speculated that the software giant would launch a takeover bid for the Swiss-based peripherals maker.

Shares of Logitech surged up to 12 percent based on the trader talk, despite comments from Logitech’s Daniel Borel expressing no desire to sell his stake in the company.

"I am a co-founder of Logitech. Would you be willing to sell your child?" Borel told Reuters in an interview. "I have no reason to sell. But I will not be the one to decide. I own only some 6 percent so I will neither enable nor prevent a sale of Logitech."

Buzz circulated in the market that Microsoft prepared a takeover bid of 48 francs per share for Logitech. "Rumours are rumours. I can't make any specific comment on them," Borel added.

Not everyone believes that the Logitech shares jump is a result of an impending takeover. "Today's share price rise is probably more related to a rebound in the market than any rumours," said an analyst at bank Vontobel.

Furthermore, even if Microsoft were interested in buying Logitech, the company would first need to overcome antitrust regulatory issues.



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Don't
By JosefTor on 1/11/2008 4:05:47 PM , Rating: 2
Oh Microsoft... please don't. I actually get great support from Logitech other then your barely english speaking support with scripts.

I had a Logitech mouse charger break for me (that was part of a wireless mouse and keyboard set). I didn't know exactly when I purchased the mouse but I told Logitech it was about a year or two. Even though I didn't know when I purchased it, they sent me an upgraded mouse and keyboard set. That makes me a loyal customer to Logitech now. I have an Xbox 360 and can't even get basic solutions to its problems.




RE: Don't
By TomZ on 1/11/08, Rating: -1
RE: Don't
By ZaethDekar on 1/11/2008 6:01:20 PM , Rating: 3
I am sorry but one companies tech support is not the same as another.

You said you called Sony. How is that remotly close to Logitech?


RE: Don't
By TomZ on 1/11/08, Rating: -1
RE: Don't
By sxr7171 on 1/12/2008 3:36:13 PM , Rating: 1
It's called relevance. Try to keep your posts relevant. Writing about a Sony call when discussing Logitech is like talking about pork belly futures when you're trying to give a presentation about attention deficit disorder.


RE: Don't
By RMSistight on 1/11/08, Rating: 0
RE: Don't
By TomZ on 1/11/2008 7:24:44 PM , Rating: 2
It was actually a camcorder.


RE: Don't
By Quiescent on 1/11/08, Rating: 0
RE: Don't
By Zoomer on 1/12/2008 7:56:49 AM , Rating: 2
They actually have pretty nice sub 14" laptops, or 14" laptops with higher end (read: not Intel) graphics.


RE: Don't
By sxr7171 on 1/12/2008 11:24:28 AM , Rating: 1
Not unbelievable. You bought Sony. What did you expect? They think their products are so amazing that if they don't work it's the customer's fault. Well, they got that impression by people lining up to buy their substandard products. Next time consider Canon. That's a company that makes quality products.


RE: Don't
By sheh on 1/12/2008 8:59:02 PM , Rating: 2
My experience with Logitech support wasn't good.

When my iFeel MouseMan started having button trouble at the end of its 5 years warranty (other problems started much earlier but I didn't want to go through replacement and lived with them), I contacted their EU support.

At first it looked promising. The mouse was purchased abroad and I didn't have any purchase proof, but they didn't seem to care and just said I'd need to cut the end of the USB cord, send it to them, and they'll send a replacement. I was pleasantly surprised.

Then they found out they didn't have any more of that model and offered instead a low-mid-end alternative. I refused and said I wanted something with features similar to what I had, and they suggested a different low-mid-end alternative that was still unsatisfactory. I found their inferior replacement suggestions insulting.

So now, for me, Logitech = overpriced, low quality, useless warranty.


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