je.st

(Telecompaper) Logitech International announced that its Lifesize videoconferencing division separated from the company to become Lifesize, a private entity. Three venture capital firms, namely Redpoint Ventures, Sutter Hill Ventures and Meritech Capital Partners, invested USD 17.5 million into Lifesize and join Logitech as shareholders. Logitech will hold a 37.5 percent share in the company, based on shares outstanding immediately following the investment. The separation of Lifesize is another step in Logitech's transformation toward a simpler, faster company, Logitech said. It allows Logitech to focus on its growing retail business.

Tags: division sells logitech lifesize

Sites : [217] [218] [219] [220] [221] [222] [223] [224] [225] [226] [227] [228] [229] [230] [231] [232] [233] [234] [235] [236] next »

news

Categories:

Popular Tags:

Det-Tronics Releases Explosion-Proof Rated Smoke Detector for Class I / Division 1 Locations

2016-01-07 10:17:00| Offshore Technology

3930 SE Division

2016-01-06 01:53:33| PortlandOnline

Sullivan Gulch | 12-30-15 | 2014 NE Multnomah St | Land Division Review (Subdivision) - Hearings Officer Decision | LU 15-188653 LDS

2015-12-31 19:29:18| PortlandOnline

King | 12-30-15 | 3927 NE Mallory Ave | Land Division Partition Review | LU 15-237434 LDP

2015-12-30 17:20:32| PortlandOnline

Logitech sells off Lifesize division

2015-12-30 09:49:00| Telecompaper Headlines

copyright © je.st