Logitech Acquires Streamlabs, Aims Game Streamers

Logitech Acquires Streamlabs, Aims Game Streamers 1

In the recent years game streaming has become a phenomenon worldwide and therefore demand for hardware and software tools for live streaming among professional gamers is on the rise. Streamers have become celebrities in their own right for groups of users, and therefore have influencers with significant audiences. In a bid to get closer to this crowd, Logitech this week agreed to acquire Streamlabs, a developer of streaming software tools for streamers.

Logitech will pay approximately $89 million in cash for Streamlabs and will pay an additional $29 million in stock if revenue growth targets are met. Software tools designed by Streamlabs will complement Logitech’s hardware for gamers and streamers, including webcams, headsets, microphones, and various controllers (keyboards, mice, joysticks, etc.). As a result, Logitech will be able to offer an almost complete package of hardware and software to professional game streamers that have influence on their audience across platforms like Twitch, YouTube, Mixer, and Facebook.

Streamlabs hopes that with Logitech it will be able to achieve more than it has so far. Here is what Ali Moiz, Streamlabs’ chief executive officer, said:

“Streamlabs and Logitech both share a strong passion for gaming and a dedication to serving the global community of gamers and streamers. Joining with Logitech allows us to keep doing what we love and be bolder than ever on a much bigger stage.”

Coinbase 3

In the recent years Logitech took over numerous companies specialized on gaming and content creation: in 2016 the company bought Saitek brand from Mad Catz, in 2017 the firm acquired Astro Gaming, and in 2018 the manufacturer got Blue Microphones. With its portfolio of hardware and software for gamers and streamers, there are just a few things that Logitech lacks at present, including chairs, tables, and capture cards.

Related Reading

Source: Logitech

Logitech Acquires Streamlabs, Aims Game Streamers 2
About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews



bitcoin
Bitcoin (BTC) $ 42,521.00
ethereum
Ethereum (ETH) $ 2,977.29
tether
Tether (USDT) $ 1.00
cardano
Cardano (ADA) $ 2.07
binance-coin
Binance Coin (BNB) $ 359.04
xrp
XRP (XRP) $ 0.927984
solana
Solana (SOL) $ 135.72
polkadot
Polkadot (DOT) $ 28.25
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.206407
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 42,521.00
ethereumEthereum (ETH)
$ 2,977.29
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 530.73
litecoinLitecoin (LTC)
$ 157.18
bitcoinBitcoin (BTC)
36.262,46
ethereumEthereum (ETH)
2.539,07
tetherTether (USDT)
0,852813
bitcoin-cashBitcoin Cash (BCH)
452,61
litecoinLitecoin (LTC)
134,05
bitcoinBitcoin (BTC)
30,945.76
ethereumEthereum (ETH)
2,166.80
tetherTether (USDT)
0.727776
bitcoin-cashBitcoin Cash (BCH)
386.25
litecoinLitecoin (LTC)
114.39

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021

Blockchain/Cryptocurrency Questions and Answers

Beginner’s Guide to Investing in Cryptocurrency
August 9, 2021
Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
Solana
What Is Solana (SOL) And How Does It Work?
June 26, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin42,539 0.06 % 6.98 % 5.76 %
Ethereum2,987.0 0.16 % 6.74 % 9.52 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Cardano2.070 0.12 % 4.67 % 14.15 %
Binance Coin359.36 0.52 % 8.34 % 10.36 %
XRP0.9303 0.62 % 5.61 % 12.95 %
Solana136.69 1.14 % 5.35 % 19.25 %
USD Coin1.000 0.21 % 0.22 % 0.05 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Dogecoin0.2067 0.47 % 7.53 % 12.80 %

bitcoin
Bitcoin (BTC) $ 42,521.00
ethereum
Ethereum (ETH) $ 2,977.29
tether
Tether (USDT) $ 1.00
cardano
Cardano (ADA) $ 2.07
binance-coin
Binance Coin (BNB) $ 359.04
xrp
XRP (XRP) $ 0.927984
solana
Solana (SOL) $ 135.72
polkadot
Polkadot (DOT) $ 28.25
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.206407