Logitech has acquired Streamlabs for up to $118m in cash and stock, allowing Universal Music Group and other shareholders to exit.
Streamlabs, a US-based live streaming software producer backed by record label Universal Music Group (UMG), on Thursday agreed to an acquisition by computer peripherals vendor Logitech International for up to $118m.
Logitech will pay $89m in cash, with an additional $29m in stock subject to revenue growth targets for Streamlabs.
Founded in 2014, Streamlabs has created an all-in-one software for desktop and mobile that allows users to easily manage live streams across third-party platforms such as Twitch, YouTube and Facebook,…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
