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Ultimate Ears Inc &
Logitech International SA
Update Date: 09/17/08
Date Announced: 08/14/08
Value (million $USD): 34.0 million U.S. Dollar
Status: Pending
TRANSACTION DETAILS
Date Announced08/14/08
Date Originally Announced08/14/08
FormatAcq. of AssetsAcquisition techniquesNot Applicable
AttitudeFriendlyAgencyUnspecified Regulatory Auth.
Value34.0 million U.S. DollarAdvisor Feesn/a
SYNOPSIS
US - Logitech International SA agreed to acquire Ultimate Ears Inc, a wholesaler of earphones, for $34 mil in cash. The transaction was subject to customary closing conditions.
TARGET
NameUltimate Ears Inc
Industriesn/a
CityIrvine
StateCA
NationUnited States
Incorporated inn/a
Public StatusPrivate
Business DescriptionUltimate Ears Inc, located in Irvine, California, wholesales and distributes custom-molded earphones. The company was founded in 1995.
AdvisorsNULL
Target Sales1.8 million U.S. Dollar
ACQUIROR
NameLogitech International SA (Geneva : LOGN)
IndustriesHousehold audio and video equipment; Computers and peripheral equipment and software; Electrical appliances, television and radio sets
CityRomanel-Sur-Moges
Staten/a
NationSwitzerland
Incorporated inn/a
Public StatusPublic
Business DescriptionLogitech International SA, located in Romanel-Sur-Moges, Switzerland, manufactures and wholesales computer peripheral equipment including Internet video cameras, mice and trackballs, keyboards, audio and telephony products, and interactive gaming controllers. It has manufacturing facilities in Asia and offices in cities in North America, Europe and Asia Pacific. The company was founded in 1981.
AdvisorsNULL
Acquiror Sales2.69 billion U.S. Dollar
2.74 billion Swiss Franc
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