Wednesday, November 11, 2009

Logitech Buying LifeSize to Break Into Videoconferencing - NYTimes.com

Hmm – more Cisco-related news (in terms of competition with Cisco’s high-end conferencing systems)

In a move to break into the videoconferencing market, Logitech International has agreed to buy LifeSize Communications, a start-up that makes high-definition videoconferencing equipment, for $405 million in cash.

LifeSize, which is based in Austin, Tex., sells videoconferencing tools that cost less than most other products on the market. The high-definition video is so clear that viewers can see scribbles on Post-it notes.

Logitech Buying LifeSize to Break Into Videoconferencing - NYTimes.com

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