updated 12:05 pm EDT, Thu October 19, 2006
Logitech aquires Slim
Slim Devices CEO Sean Adams has announced via the company's online forum that it has been acquired by Logitech. "We have been building a relationship with Logitech for quite some time. As we got to know their executive team, it became clear that there was a compelling opportunity for us to work together to bring Slim Devices' products to the mainstream market. As you may know, Logitech recently launched the Wireless DJ music system, and also produces Harmony remote controls, which many of our customers already use with their Squeezeboxes," Adams wrote. Slim Devices manufactures its Transporter -- a network player designed for "audiophiles" -- as well as the Squeezebox -- an affordable digital music player designed for home use.
"This is an opportunity for us to introduce Squeezebox and Transporter more quickly to a lot more people. Slim Devices will benefit from Logitech's brand, their retail channel, their expertise in developing quality hardware, and their existing portfolio of complementary products such as speakers and remotes. Logitech believes this will be a fast growing segment of their business, and we are looking forward to making that happen."
All Slim Devices employees have accepted new employment offers from Logitech, and will remain in the company's Mountain View location. Logitech has expressed much enthusiasm for Slim's open development model, and the way the company collaborates as a community to improve its products.
"We plan to expand this model as we continue to develop great new software and hardware. SlimServer will continue to be available free of change under the GPL, and we will participate in these forums in much the same way," Adams said.