When most people think of Logitech the first thing that comes to mind is hardware. Webcams, mice, keyboards, just about anything that you can consider a peripheral. But all that is about to change thanks to their latest acquisition, SightSpeed, which they hope will take them right into the software game.
So what’s it cost to for a hardware giant, such as Logitech, to get their fingers deep into the software game? As it turns out, only $30 million in cash (the deal is expected to close in early November). The addition of the 25-person company to Logitech’s roster comes with the goal of creating solid video communication software to go along with their extremely popular webcams. Current users of SightSpeed are open to use a free version of their software, or a premium version that costs either $9.95 per month or $99.95 a year.
As of right now there’s no telling if the software of the fancy new acquisition will cost anything to use, or if it’ll be an upgrade on the software bundled with the cameras, but with any luck more details will emerge soon.