Logitech acquiring Slim Devices
There's nothing we love more around here than a bit of surprising news, and next to HP's recent purchase of VoodooPC, Logitech's just-announced acquisition of Slim Devices caught us off guard like nothing has in awhile. According to Slim CEO Sean Adams, his company -- which makes such streaming audio products as the Squeezebox and Transporter -- will become a wholly-owned subsidiary of Logitech -- maker of nearly every kind peripheral under the sun -- with the entire Slim team having already accepted employment offers from their new overlord. The newly-swallowed Slim will remain in its Mountain View offices and retain its executive structure for the "foreseeable future," while gaining the marketing power, retail partnerships, and economy of scale benefits enjoyed by larger corporations. As you're probably aware, Logitech has already dipped its toe into the streaming audio pool with such products as the Wireless DJ Music System, so snatching up Slim will give it a better foothold in this market along with the invaluable expertise offered by Slim's employees. For the consumer, this partnership will probably result in lower prices as well as attractive bundles featuring Slim gear and Logitech speakers / remotes, although you can never really predict how an acquisition will affect a company's innovation and product quality. Still, quite the interesting bit of news, and we're excited to see what kind of swag the Slim team will produce now that they have more muscle and capital behind them.
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