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Microsoft Looking to Buy Logitech?

by Rainier on Jan. 10, 2008 @ 10:59 a.m. PST

Logitech shares surged 12 % today amid speculation that Microsoft might be preparing to acquired the Swiss-based computer peripherals maker. While neither party gave any comment on the rumor, Logitech co-founder Daniel Borel, the biggest shareholder, said he was not interested in selling, but with only 6% of the shares he would neither be able nor prevent a sale of the company.
Logitech shares surged 12 % today amid speculation that Microsoft might be preparing to acquired the Swiss-based computer peripherals maker. While neither party gave any comment on the rumor, Logitech co-founder Daniel Borel, the biggest shareholder, said he was not interested in selling, but with only 6% of the shares he would neither be able nor prevent a sale of the company.
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