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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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RE: Monopoly much?
By Wagnbat on 1/12/2008 5:31:38 PM , Rating: 2
Are OEM mice Microsoft or Logitech? Maybe... But I do also have razor mice, Kensington keyboards and blah blah blah.

But I don't think Microsoft should be allowed to acquire Logitech by US Monopoly laws. As mentioned above, between the two companies they own far too much of the market share, and though there are other companies, such a juggernaut would be hard to compete against except with 'niche' customers, like the gamers who currently enjoy 4000+ dpi gaming mice from Razor and OCZ.

The real loser here will be the general consumer. Microsoft loves to bully people around, and when those people don't play they buy them out or cut them off. One example is a recently failed MMO that was going to be fantastic. Microsoft was the producer and at the last minute said 'You're going to make this a Vista only game'. The company said FU and went with Sony instead. SoE as usual screwed the game to shat... But everyone knows SoE does that. The real perp here is MS with their greedy business tactics.

Last but not least, I don't know the specific market share between the two companies, but I'm sure selling peripherals is equally as lucrative for them remaining seperate. Every wireless peripheral for the 360 is made by MS aside from the most recent Guitar Hero III guitar. And every peripheral is required to work with Windows Vista (coincidence?).

"You can bet that Sony built a long-term business plan about being successful in Japan and that business plan is crumbling." -- Peter Moore, 24 hours before his Microsoft resignation
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