Wednesday, October 29, 2008

Logitech Buys SightSpeed

As my boy Andy would say, "Well, there you go. It happened!" True that.

SightSpeed sold, and to an awesome company: Logitech!


A Perfect Fit

I first sat across the table with the Logitech folks five years ago. They liked us then, but weren't sure what to do with us. We were punks who were sure we were going to take over the world - or at least the world of videoconferencing. Which is a notably smaller world. Nonetheless, we were undeterred to continue to build the product and brand of SightSpeed. In doing so, we built a world class, best-of-breed, global communications company. Millions of calls and billions of calling minutes later, the two companies came together.

At the heart of our company, and this deal, is an extraordinary individual: Aron Rosenberg. I first met Aron when he was a 20-year-old undergrad at Cornell. After working with him for just a few months in the spring and summer of 2001 laying the groundwork for founding SightSpeed, I knew he was a superstar. Now we are 7+ years into this journey together, it turns out that he's a $30MM superstar. I think he's worth a lot more, so LOGI got a great deal.

Well, there you go. Congratulations to SightSpeed on joining a great company. Congratulations to Logitech on buying a great company.

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Finally, for one last laugh, click here for a video of me and Aron interacting in classic style as we test the record feature SightSpeed introduced a few years ago.

1 comment:

Diego Rey said...

Wow!!!! Congratulations Brad! What a win for the home team!