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Logitech, the best-known manufacturer for its computer peripherals such as keyboards and web cameras, is in discussion to buy Plantronics, a manufacturer of Bluetooth-enabled headphones, according to Reuters.
The company would offer up to $ 2.2 billion to Plantronics, According to the Reuters report, this would be the biggest Logitech acquisition to date.
Both companies are trying to reduce their costs because tariffs on imports from China could reduce their margins or force them to raise prices for consumers in a context of increased competition from several sellers.
Reuters reports that the agreement between the two companies could be finalized as early as next week.
We contacted both Logitech and Plantronics for comment and will update this story when we hear about it again.
The news of the transaction boosted Plantronics' shares after the closing of the New York Stock Exchange.
Logitech and Plantronics have been active acquirers over the last year. Logitech recently acquired the Blue Microphone business, which produces popular microphones such as Yeti and Snowball.
Meanwhile, Santa Cruz, California-based Plantronics had purchased Polycom as part of a $ 2 billion transaction earlier this year. The company, which began manufacturing helmets for airline pilots and then selling equipment to the National Aeronautics and Space Administration, had difficulties with its low-cost competitors and newcomers to the helmet market (such as Apple ).
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