Computer peripheral company Logitech has today announced that it is acquiring popular audio company Jaybird. Jaybird, for those unfamiliar, has released a variety of headphone products over recent years, most of which have been wireless. Logitech says the deal is worth $50 million in cash, with an additional earn-out of up to $45 million based on achievement of growth targets over the next two years.

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Filed under: iOS Devices Tagged: acquisition, Jaybird, Logitech