I'm a huge fan of SightSpeed and so I was pleasantly surprised this morning to read that Logitech has acquired SightSpeed for approximately $30 million in cash. I'm a fan of both companies actually, and my favorite webcam is the Logitech Quickcam Orbit AF, The acquisition is expected to close in early November. Just check out my favorable review of SightSpeed here and how SightSpeed carried out their patriotic duty in offering SightSpeed videoconferencing for online gameplay between Pros and G.I. Joes.
SightSpeed supports up to an amazing 9-way videoconferencing. Take that Skype! Even Dell jumped on the SightSpeed bandwagon by offering SightSpeed preloaded onto all Dell consumer PCs (called Dell Video Chat).No doubt with this acquisition, Logitech will bundle the SightSpeed software onto their software CD that ships with every webcam they sell. This will no doubt boost the number of SightSpeed users. My heart congrats go out to the SightSpeed team, including SightSpeed's VP of Marketing Eric Quanstrom whom I have spoken to many times.
Founded in 2001, SightSpeed has approximately 25 employees and unlike Skype which is proprietary, SightSpeed leverages the industry standard SIP protocol.
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