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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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who buys keyboards and mice?
By loomis2 on 1/11/2008 9:45:19 PM , Rating: 2
I don't think I have purchased a keyboard or mouse for 10 years. I guess I bought one when they dumped the stupid ball and went with lasers, but that's it. Heck, they never break and all computers come with one. The computer I'm using now was built by me and I just used an old keyboard and mouse from a previous computer. I guess what I am trying way too hard to say is, how lucrative is this market anyway?




RE: who buys keyboards and mice?
By Clauzii on 1/11/2008 10:59:40 PM , Rating: 2
I have a 5-6 years (who counts :) old wireless Logitech Key/Mouse hooked up to my Studio PC. In free view it reaches at least 6 meters, runs 4-6 months avg. on a set of batteries, and is rock sturdy despite the plastic and all. I'll guess it's three times heavier than the one I'm using on my work PC right now.

Bought that 2 years ago. Wired, optical, 540dpi and dropped a 'thousand times'. Rock solid. Made in China - $4 :))
I used to have a $4 keyboard too (also China). Piece of crap. Lasted two months. Bought a wired Logitech 'something' for way too much, but will hopefully work in 5 years too.

I'm not the type switching keys and mouse just to get the 'newer and better'. If it works - use it :)


RE: who buys keyboards and mice?
By Clauzii on 1/11/2008 11:01:49 PM , Rating: 2
Oh forgot some words:

"I'll guess >the mouse is< three times heavier than the one I'm using on my work PC right now."


RE: who buys keyboards and mice?
By sxr7171 on 1/12/2008 11:29:30 AM , Rating: 2
I've had a high end Microsoft mouse and a few high end Logitech ones. They have a different philosophy on weight. Microsoft likes to make theirs light and easy to handle while Logitech prefers heavier designs in general. I didn't like the extra weight when I switched to Logitech initially, but I got used to it and now I think it's not so bad to have that extra weight. Overall I prefer the Logitech any day.


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