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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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awesome. SOMEONE needs to fix setpoint!
By crleap on 1/11/2008 9:04:10 PM , Rating: 2
that would be wonderful.. logitech's hardware is awesome but their setpoint software is abysmal to the lowest degree. awful, horrible, terrible software. Maybe MS can fix the software so the Logitech HW can shine like it should.

By sxr7171 on 1/12/2008 11:33:33 AM , Rating: 2
True, but Intellipoint is not much better.

By qdemn7 on 1/14/2008 1:00:20 AM , Rating: 2
They just issued an update for Setpoint 4.24. It's now up to 4.24.99. It fixes the problem of the tabs not appearing.

You are right though, Setpoint is terrible. Bloated and unreliable.

My other big gripe is the proprietary nature of Logitech's mice. They don't work with KVMs, other than as a 3 button mouse, and Logitech will not fix the problem.

By Aikouka on 1/17/2008 3:48:17 PM , Rating: 2
That's the one thing I thought of when I first read this. I pretty much think that Logitech has the better hardware out of the two, but the worst software. Microsoft's hardware isn't as good (note that I'm not saying it's horrible, but remember... 99 isn't as good as a 100!), but I've usually had no problems with Microsoft's (peripheral) software.

I normally just buy Logitech devices and ignore the software. Right now I'm using a G5 mouse and a G15 keyboard, which I am pretty pleased with overall :).

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