Slim Devices Is Now A Logitech Company

Posted: Oct 19 2006, 6:00am CDT | by , Updated: Aug 11 2010, 12:11am CDT, in News | Other Stuff

Slim Devices is now a Logitech Company
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Slim Devices, maker of audio streaming gadgets, announces that Logitech aquired them.

Slim Devices offers the Squeezebox we reviewed a while back and the recently announced Transporter.

Logitech pays $20 million in cash for the Mountain View based company. There are some performance target bonuses set to increase that amount. Tip: Just do not waste your time on starting any new hardware companies, rather enable sharing of some videos online. The difference is $1,63 billion (YouTube got $1.65 Billion) - Business is crazy, is it not?Slim Devices was founded in 2001 by Sean Adams, serving as chief executive officer, who was joined by Dean Blackketter, serving as chief technology officer.
More details in this Slim Devices press-release. Via Engadget.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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