28 May '16, 4pm

Did Logitech spend $700,000 dollars for

Computer peripheral manufacturer, Logitech , is an industry giant. According to company financials, Logitech posted $2 billion dollars in revenue in 2016, with net earnings in the $119 million range. Logitech also rebranded its range of products by acquiring and using Logi.com. In January, domain investor Elliot Silver , noted that Logitech had acquired the two letter .com domain, UE.com. According to Elliot, UE is a match of “Ultimate Ears “, a speaker manufacturer that Logitech acquired in 2008. Ultimate Ears. Canadian domain investor, George Kirikos , is a well-known authority on two letter .com domains; he keeps track of such changes, and often digs into the financial statements of corporations for domain acquisitions. It was one such research that produced evidence related to the acquisition of UE.com. In the Logitech SEC filing , there is a line: “During fiscal year ...

Full article: http://domaingang.com/domain-news/did-logitech-spend-7000...

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