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Logitech Sees No Threat From Microsoft-Skype

By REUTERS, June 13, 2011


HELSINKI (Reuters) - Logitech expects a boost in its business from Microsoft's $8.5 billion acquisition of Skype as the deal should lift wider take-up of videocommunications, a senior executive told Reuters.

Craig Malloy, co-founder and chief executive of Logitech's LifeSize unit, dismissed analysts' fears that Microsoft's acquisition of Skype created further risks to it and other video technology providers.

"It is a good thing. I do not see it negatively impacting our business at all. It has increased awareness and demand for videoconferencing," Malloy told Reuters in an interview.