Logitech acquires Streamlabs to get deeper into game broadcasting

Logitech already makes many of the products that gaming fans use to control and hear their games. But now, the hardware manufacturer is getting into the livestreaming-tools business by acquiring Streamlabs.

The two companies announced the deal in a blog post today. Logitech paid “approximately $89 million in cash,” according to a press release. But Logitech will pay an additional $29 million in stock if Streamlabs meets some key growth metrics. This acquisition exposes Logitech more directly to a bustling market of livestreamers and influencers.