Logitech buys Lifesize for $405 mn

Logitech said it is buying privately held Lifesize Communications for $405 million, bolstering its position in the much prized video communication market, which seen as a key source of future growth.
Free MCX Commodity Tip
Lifesize Communication has more than 9000 video conferencing customers, Logitech- the world’s largest computer mouse maker- said late on Tueday. This deal increases the expansion of Logitech in the Europe and business picks up the volume.

1. Patni Eyes Europe, US Buys
2. Sabse Tech buys Mobivox
3. HSBC buys L&T Shares
4. Volkswagen buys 49.9% in Porsche