Logitech Buys Slim Devices
Logitech today announced the purchase of Slim Devices, longtime makers of network audio players SliMP3, Squeezebox, and the new Transporter. A couple years back Logitech bought Harmony Remote, becoming the makers of all my wireless control devices for my entertainment center (Bluetooth mouse, remote control, and PS2 controllers). Now they make my Squeezebox, too.
When I read this piece of news, I was immediately reminded of the purchase of Empeg my SONICblue. Empeg was a kick-ass piece of equipment, and SONICblue promptly ran it to the ground. I have a bad feeling that same thing will happen here. The world is full of cases where a big company buys a smaller company with great product, only to kill the product. Besides Empeg, Sun and Cobalt comes to my mind.
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