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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: Mice
By Quiescent on 1/14/2008 10:33:09 AM , Rating: 2
I had to get a little bit used to my MX Revolution. The strange thing is, is that my parents and sisters are able to get used to the mouse quickly, even on medium settings.
I have no idea why the mouse is priced at $99.99, it is not worth the money at all, however, this may be because of the battery life which is better than a lot of other things I own.

For a time, I could complain that the metal scroll was too cold, lol. However, I really liked how you can have a notched scroll or a smooth scroll. And scrolling with it is very fast. If you scroll the scrollbar real fast, it goes smooth scrolling, which is great for when you're scrolling up in IRC to see what people are saying while you're gone.

"It looks like the iPhone 4 might be their Vista, and I'm okay with that." -- Microsoft COO Kevin Turner

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