News
Mix: Plantronics/Altec Lansing, Blogcast, London bombing
Plantronics announced today that it has agreed to buy Altec Lansing, a leading maker of portable iPod speakers, for about $166 million in cash.
Microsoft employees are reportedly using the term “blogcast” instead of “podcast” because of the latter word’s association with the iPod.
Doctors said that Tad Grglewiecz, a victim of last week’s bombing in London, had his hearing saved by his iPod earphones. [via MDN]
Next: iPodlounge growth drives expansion, rebranding to iLounge
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1
what bank gives out 166 million in cash?
Posted by OMGWTFSTFU in United States on July 11, 2005 at 8:15 PM (PDT)
2
By “in cash” they mean that it wasn’t some kind of swap stock. Altec Lansing will be receiving a check for the full amount.
Posted by Galley in Greenville, SC on July 11, 2005 at 8:54 PM (PDT)
3
D’oh! I meant stock swap.
Posted by Galley in Greenville, SC on July 11, 2005 at 8:55 PM (PDT)
4
I like Plantronics move. I love their headsets and Altec Lansign makes some quality speakers.
Posted by Snakeyes17 on July 12, 2005 at 10:22 AM (PDT)