Logitech buys SightSpeed video chat for $30 million in cash money

In these tough times there are plenty of bargains to be had for companies with liquid reserves and Logitech is taking full advantage, paying $30 million in cash for video conferencing startup SightSpeed. The company doesn't have nearly the name recognition of, say, Skype, but its software has been highly praised and sits at the core of Dell's Video Chat application. Exactly what Logitech will do with its new toy remains to be seen, but some strong integration with the QuickCam line is surely in the cards, and we wouldn't be surprised if this new relationship spawns a competitor to Creative's (also SightSpeed-infused) inPerson -- though hopefully at a price point far, far lower than that clamshell's $859.

[Flashpoint @ Oct 29th 2008 11:26AM]

I primarily use AOLIM or MSN Messenger's built in messengers for my video chat. Even if this stuff came free with my laptop or desktop I'd never touch it.

[From My Cube @ Oct 29th 2008 11:35AM]

Im so happy you represent everyone

[Harkonian @ Oct 29th 2008 12:40PM]

SightSpeed does multi-person video conferencing--neither AOLIM or MSNIM does this. With SightSpeed you can do up to 4 people at once.

[James @ Oct 29th 2008 4:24PM]

so good for swingers?

[Troels C @ Oct 29th 2008 7:26PM]

@Harkonian
4 at once would be all work, no play.

[TheAfterPipe @ Oct 29th 2008 11:34AM]

Isn't saying "Cash money" redundant? Does this mean better integration between hardware and software?

[From My Cube @ Oct 29th 2008 11:36AM]

cash usually refers to money in your hand literally...having just money could mean its in the bank....atleast from a business perspective

[From My Cube @ Oct 29th 2008 11:37AM]

im so happy I hit reply to After Pipe and yet Engadgets POS comment system is about as good as the economy

[Canoo @ Oct 29th 2008 11:45AM]

Agreed

Engadget needs to adopt a comment system similar to Digg or something. I like Digg's.

[theafterpipe @ Oct 29th 2008 5:16PM]

Hope this reply works, too. :P

What other type of cash could their be? Cash bricks? Cash airplanes? Cash crawlers? Yeah, it's gonna bug me I'm that type of person.

[OneLove @ Oct 29th 2008 11:37AM]

lets hope it wont be a 200 mb download just for drivers

[sam @ Oct 29th 2008 11:41AM]

I would like to see Google Talk Adding Video feature

[theafterpipe @ Oct 29th 2008 11:10PM]

They'd probably call it Google See or google eye or something stupid like that.

[Muhammad-Oli @ Oct 29th 2008 11:42AM]

Can we please not say 'cash money'? Hearing it said on 'Yo Momma' as I change channels on my way past MTV is irritating enough as it is.

[sam @ Oct 29th 2008 11:44AM]

I would i to see google talk adding video feature

[JD9000 @ Oct 29th 2008 1:46PM]

Currently Skype seems to have some type of a deal with Logitech where only Logitech's high end cameras enable the 'hi-res' mode of Skype. I wonder if this means that Skype will be extending it's 'hi-res' service offerings to other web cam makers? ... or worse, if the 'hi-res' mode will be done away with... or better if they simply open it up...

[Phillip Yang @ Oct 29th 2008 6:29PM]

iVisit also does video conferencing but has video conferencing on the mobile phone as well. And you can chat with up to 8 other users too.

[Wobbly @ Oct 29th 2008 7:27PM]

Cash Rules Everything Around Me, C.R.E.A.M. get the money, dolla dolla bill$ yall!

[jaak_ennuste @ Oct 30th 2008 3:27AM]

Its time now to re-distribute it companies. Companies with money do good deals and widen their portfolio.

Jack