M&A News: Logitech pays $50 million in cash for Jaybird

Logitech, which recently renamed some of its product lines to the more goofy “Logi” has scooped up another earphone company, Jaybird, paying $50 million in cold hard cash. Probably not in unmarked envelopes. Not sure how this will impact prices of existing Logitech and Jaybird products. More via Techmeme.