Digital Trends

Logitech announced today that it will acquire Slim Devices giving it a major foothold in the streaming audio market.

Hot on the heals of our recent review of Logitech's Wireless DJ Music System, Slim Device's Squeezebox and Transporter will become a wholly-owned subsidiary of Logitech.  Slim Devices will retain its executive structure and all of its current emplyoees will stick around for the long haul working out of their Mountain View office.

Sean Adams, Slim Devices CEO, posted the announcement in their community forums before any press releases where released: "As we got to know [Logitech's] executive team, it became clear that there was a compelling opportunity for us to work together to bring Slim Devices’ products to the mainstream market."

Adams continues by mentioning the obvious benefits for both parties: "This is an opportunity for us to introduce Squeezebox and Transporter more quickly to a lot more people. Slim Devices will benefit from Logitech’s brand, their retail channel, their expertise in developing quality hardware, and their existing portfolio of complementary products such as speakers and remotes."

Read the official press release on Logitech's Web site.