Streamlabs hopes that with Logitech it will be able to achieve more than it has so far. As a result, Logitech will be able to offer an almost complete package of hardware and software to professional game streamers that have influence on their audience across platforms like Twitch, YouTube, Mixer, and Facebook. Software tools designed by Streamlabs will complement Logitech’s hardware for gamers and streamers, including webcams, headsets, microphones, and various controllers (keyboards, mice, joysticks, etc.). Logitech will pay approximately $89 million in cash for Streamlabs and will pay an additional $29 million in stock if revenue growth targets are met. In a bid to get closer to this crowd, Logitech this week agreed to acquire Streamlabs, a developer of streaming software tools for streamers.
Streamers have become celebrities in their own right for groups of users, and therefore have influencers with significant audiences. In the recent years game streaming has become a phenomenon worldwide and therefore demand for hardware and software tools for live streaming among professional gamers is on the rise.
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