Logitech acquires Ultimate Ears
updated 08:55 am EDT, Thu August 14, 2008
Logitech and Ultimate Ears
Logitech this morning said it has acquired Ultimate Ears. The $34 million deal gives Logitech its first true entry point into in-canal earphones and includes a lineup of devices geared both towards regular portable media players as well as audiophiles and professional concert or studio monitors. The move is more specifically intended by Logitech to support its iPhone and iPod lineups, which so far consist only of speaker docks.
The influence can already be seen on Ultimate Ears' website, though Logitech notes that the deal should be approved and take full effect by the end of August. No future products were announced as part of the buyout, which pits the larger company against Etymotic, Shure, and other more upscale audio equipment makers.
