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Logitech Buys Ultimate Ears for $34 Million

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Logitech announced this morning that it had acquired Irvine, CA-based Ultimate Ears. Logitech picked up the high-end headphone manufacturer fo $34 million in cash.

“Ultimate Ears is a perfect fit for Logitech and our audio business," said Logitech's chief executive, Gerald Quindlen, in a statement. “Since its inception, Ultimate Ears has been driven by innovation, close ties to its customers, and the desire to enable an immersive audio experience.

“Logitech's success has been built on using a deep understanding of our customers to create innovative products that let people immerse themselves in their pursuits - whether they are listening to music, gaming, watching a video or otherwise enjoying their digital lifestyle. We look forward to using our worldwide distribution network and operational efficiencies to help more people discover this superior listening experience."

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