Logitech is acquiring Blue Microphones for $117 million in cash

Logitech is making a big purchase to secure a foothold in high-end audio recording. Tonight, the company announced that it's acquiring Blue Microphones for $117 million. The all-cash transaction will result in Blue, known for USB condenser microphones including the Snowball and Yeti, joining Logitech's existing portfolio of brands. Aside from Logitech and Logitech G, the company also owns Astro Gaming, Jaybird, and Ultimate Ears. Yeah, it's putting together quite the roster.

"For Logitech, this is a new space," the company wrote in its blog post announcing the deal. "But, at the same time, it's not at all. Gamers are already using our Logitech G webcams to stream. People are video calling with friends and family thanks to Logitech every...

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