Logitech buys streamlabs for $ 89 million

Interesting purchase by Logitech. The company announces the purchase of the StreamLabs application for $ 89 million in cash, plus another $ 29 million in variables. The two companies have confirmed this operation on their respective web pages. In this way, the well-known accessory manufacturer takes control of one of the most popular streaming applications on the market. Something that expands your market.

Logitech buys Streamlabs for $ 89 million

Streamlabs OBS is a tool for streamers with which to view visits and monetize retransmissions through the management of donations on platforms such as Twitch, Youtube, Mixer or Facebook.

Official purchase

In this way, Logitech enters fully into the field of streaming, which is a growing segment and which is also aimed precisely at the firm's public, who are gamers. So it is an interesting move for the company. In addition, it is confirmed that nothing will change for Streamlabs for now, which will continue to operate independently.

Streamlabs is important on platforms like Twitch and Mixer. In fact, in May of this year it already had 15 million users, making it one of the most popular options in this field, which has undoubtedly contributed to this purchase operation.

It is an official purchase, confirmed by the two companies. The agreement between Logitech and Streamlabs has already been sealed, so this purchase process will be effective soon. It will be interesting to see what new projects emerge from this operation in the future.

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