Logitech Buying LifeSize Communications for $405 Million
Logitech International (Nasdaq: LOGI) has agreed to acquire LifeSize Communications, an Austin, Texas-based provider of high-definition video communication solutions. The deal is valued at $405 million in cash. LifeSize had raised around $90 million in VC funding, from firms like Austin Ventures, Redpoint Ventures, Pinnacle Ventures, Norwest Venture Partners, Sutter Hill Ventures and Tenaya Capital.
11 November 2009•3 mins read
