Computer peripheral company Logitech today announced that it will acquire popular audio company Jaybird. For those unfamiliar, Jaybird offers a variety of headphone products over recent years, most of which have been wireless. Logitech says the deal is worth $50 million in cash, with an additional earn-out of up to $45 million based on achievement of growth targets over the next two years.
acquisition Stories April 12, 2016
acquisition Stories February 2, 2016
Popular accessory maker Zagg today announced that it has acquired Mophie, another accessory maker best known for its iPhone battery cases and power accessories. The deal will see Zagg purchase Mophie for $100 million. Mophie CEO Daniel Huang and COO Shawn Dougherty will continue their current respective roles and will report to Zagg CEO Randy Hales.
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acquisition Stories January 7, 2016
acquisition Stories November 24, 2015
Apple officially acquires Faceshift, the company behind motion capture tech used in Star Wars
Earlier this year a rumor began floating around that claimed Apple had acquired Faceshift, the company behind the motion capture technology used in Star Wars. Now, TechCrunch reports that the acquisition has become official and Apple has acquired the Zurich-based Faceshift startup.
Apple has not directly confirmed the acquisition, but issued its standard statement regarding its purchasing of smaller companies. “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” the company said.
This isn’t the first motion capture startup Apple has acquired. Over recent years, the company has acquired PrimeSense, Metaio, and Polar Rose, all European-based motion capture, facial recognition, and virtual reality companies of some sort.
It’s still unclear at this point as to how Apple plans to use the talent and technology it has required in the virtual reality field. Early indications were that Apple was planning to implement some of the technology into the Apple TV, but none of that has yet to come to fruition, despite the newest generation model being released earlier this month.
Faceshift’s technology is used in the most recent Star Wars film to make non-human characters have features, characteristics, and expressions more similar to real humans.
acquisition Stories November 16, 2015
acquisition Stories November 12, 2015
Watchmaker Fossil picks up fitness wearable tech w/ $260M Misfit acquisition
Misfit, makers of popular smartphone-connected wearable fitness accessories, today announced the company is being acquired by watchmaker Fossil Group for $260 million, reports The Wall Street Journal.
Fossil plans to take the technology and integrate it into its traditional watch designs, according to the report: