Logitech buys LifeSize

here's the press release!

http://www.lifesize.com/en/Company/News_and_Events/Press_Releases/2009/Logitech_to_Acquire_LifeSize.aspx

I have to say...pretty shocking. Both from whom is buying them...but also for how much. $400M!  Talk about cheap.  I think the rumors I had heard previously were that they & Cisco were talking about $1B.

Also....not from a money perspective..but from a perceived value standpoint, it seems weird that a pc peripherals company known for making cheap webcams bought a enterprise video communications company. Its like the mouse eating the cat.  Sure..this mouse was big and the cat was small..but it just seems weird.

I wonder how it will turn out?  Will Logitech make LS the flagship of the company and totally remake themselves? or will LS stay as an appendage doing their own thing. I guess we'll have to find out!

But...as I've said... the market is ripe for consolidation.  BTW... hey Michael Dell... man, you missed out!!! If $400M was the price..you could have picked up LS and really made a killing...as well as having an easy time doing the integration.  You could have picked up LS and made them move the 30minutes to the Round Rock campus and no one would have complained.  And...you could have used your online talent to market the hell out of the solutions.

Maybe...we'll have a two tier buy?  anyone want to take bets on HP buying Logitech?