Logitech snaps up wi-fi headset maker JayBird for $50M

Logitech snaps up wireless headset maker JayBird for $50M

Shopper devices standby Logitech has acquired JayBird, a maker of health-targeted wi-fi headphones and trackers, for $50 million in money, the businesses introduced immediately.

“The Jaybird workforce may have all of the scope to innovate that they had earlier than,” stated Rory Dooly in a submit on the Logitech weblog. “They’ll proceed to feed the Jaybird model and design merchandise like the newest X2 wi-fi buds.”

Matt likes the X2s and Darrell appreciated JayBird’s different gear, so it seems to be like Logi has purchased themselves a strong enterprise right here.

Along with the money, $forty five million is on the desk ought to progress targets be hit over the subsequent two years.

“It has been an unimaginable journey,” JayBird founder Judd Armstrong wrote within the press launch saying his firm’s acquisition. It’s a well-known chorus, however maybe with Logitech wanting on approvingly from above, JayBird will now have the ability to fly free and untethered, just like the wi-fi headphones it loves a lot to create.