nervoteso wrote:
Logitech did not invent SB, Slimdevices did it, didn't it? may be
possible some company like slimdevices buy squeezeboxes line or
mysqueezebox?
maybe not, if logitech keep on producing something like UE smart
radiobut i keep on dreaming!
If there is a need and a
erland wrote:
If there is a need and a market, someone will eventually fill the hole.
However, I doubt it will happen through someone buying anything from
Logitech, especially since I don't think Logitech have anything of value
which they can or are willing to sell. Most of the source
nervoteso wrote:
just a curiosity: where are people from slimdevices now? are they in
logitech o somewhere?
Some are within Logitech in other departments, some are within Logitech
and still working with Squeezebox or UE Smart Radio and some have moved
on and works for other companies. Even
erland wrote:
If there is a need and a market, someone will eventually fill the hole.
Exactly! Very well put! It is for this reason I've chosen not to get
too upset about the situation.
And I agree that there isn't anything Logitech would be willing to sell
at this point since UER
They didn't even want to sell when they had decided to shut down the
product line a few years ago.
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pippin wrote:
They didn't even want to sell when they had decided to shut down the
product line a few years ago.
I suspect the couldn't sell the product line because this would
crystallise a big loss (e.g. sale price vs purchase price of Slimdevice)
and would have had to be shown on accounts
bpa wrote:
I suspect the couldn't sell the product line because this would
crystallise a big loss (e.g. sale price vs purchase price of Slimdevice)
and would have had to be shown on accounts and probably depress share
price (e.g. destruction of shareholder value). Keeping the prodct line
epoch1970 wrote:
Could the continuation as UER be a simple matter of sustaining the fair
value of the asset ?
I'm not exactly clear as to when fair valuation applies.
When one acquires a company they usually pay more than book value,
this being the value of tangible assets like cash,
AndrewFG wrote:
When one acquires a company they usually pay more than book value,
this being the value of tangible assets like cash, inventory, buildings.
The premium that one pays over book value is called goodwill, this is
the buyer's estimation of what they percieve to be the extra value
AndrewFG wrote:
When one acquires a company they usually pay more than book value,
this being the value of tangible assets like cash, inventory, buildings.
The premium that one pays over book value is called goodwill, this is
the buyer's estimation of what they percieve to be the extra value
signor_rossi wrote:
But can Logitech make a profit with the UER alone? If they don't they
would lose less if they sell what they can sell?
Not necessarily. It depends on the math. Let's take the hypothesis that
Slim Devices had (say) a book value of $100, and Logitech paid (say)
$250 for it.
In the grand scope of Logitech, Slimdevices was a very, very small
worm.
Others may be able to erupt on why they even bought the company.
The only logical reason was a stimulation by the Slim folks that would
have resulted in cash.
Innovation at that point was also very cheap for Logitech.
You people are whacked if you think Logitech is going to sell SqueezeBox
(rights, intellectual property, etc..) to anyone.
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bpa wrote:
I suspect the couldn't sell the product line because this would
crystallise a big loss (e.g. sale price vs purchase price of Slimdevice)
and would have had to be shown on accounts and probably depress share
price (e.g. destruction of shareholder value). Keeping the prodct line
2 details I've been curious about and I don't know if they've come out
are:
How much did Logitech pay for Slim Devices?
Could Slim Devices have manufactured anything beyond the SB3 and
Transporter? Did they really need Logitech's money to make the other
form factors?
sander wrote:
2 details I've been curious about and I don't know if they've come out
are:
How much did Logitech pay for Slim Devices?
I actually found a report from '06 that says they paid $20 million. I'd
provide a link but I'm too lazy to go search for it again.
sander wrote:
How much did Logitech pay for Slim Devices?
The press release is here:
http://www.logitech.com/en-gb/172/2763
Which says: $20 million in cash plus a possible performance-based
payment, tied to reaching certain future revenue targets.
sander wrote:
Could Slim Devices have
+1 squeezeboxes appeared in at least 2 large nationwide retail store
chains here in Sweden , I guess slimdevices would never had the
organisation for that , my radio is for example bought in a store 1,5 km
from my home .
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