Microsoft to Snap Up Logitech?

The world's largest software firm could become the world's leading peripherals manufacturer if rumors linking Microsoft with a takeover of Logitech bear fruit.

According to a Reuters report, rumors are circulating amongst traders that Microsoft may be about to launch a takeover bid for Logitech at 48 francs per share, representing a premium of 38 percent and valuing the company at 9.16 billion francs. The speculation has seen the Swiss company's shares gain up to 12 percent Thursday.

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