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Logitech could dump video-conference arm in revamp |
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Yahoo! Computer Security
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01/24/2013 at 12:42:44 |
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ZURICH (Reuters) - Logitech's chief executive said his company will decide within 90 days whether to sell the video-conferencing arm it bought in 2009 for $405 million after this week writing down the unit's value by more than half. The LifeSize video conferencing unit has failed to shake up a market dominated by Cisco and Polycom and where Chinese giants Huawei and ZTE are making inroads, while global revenues in the segment have slid as economic uncertainty persists. ...
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