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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Mar 10, 2008, 01:23 PM   #1
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Logitech says any Microsoft bid "without sense"

MILAN (Reuters) - Any takeover bid for peripherals maker Logitech International SA by Microsoft Corp would be "an operation without sense", Logitech's chairman was quoted as saying in an Italian newspaper on Sunday.

Shares in Swiss-based Logitech rose in January based on speculation Microsoft would launch a takeover bid. Analysts dismissed rumors of an $8 billion takeover bid and Logitech board member Daniel Borel, the company's largest shareholder, said he had no reason to sell his stake.
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Source: Reuters
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Old Mar 10, 2008, 02:55 PM   #2
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Why would MS want to do this? They already have a fine hardware division.
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