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Google Buys Media Software Maker SageTV

By Andrew Morse Of DOW JONES NEWSWIRES Google Inc. (GOOG) purchased media software maker SageTV for an undisclosed sum, a move that will likely bolster the search engine company's efforts to build out its own television product. SageTV, of Inglewood, Calif., makes digital video recorder and media center software. The company has several products, including "place-shifting" technology that allows users to watch media remotely. "The SageTV team has developed the latest in media management software," a Google spokeswoman said in a statement. "We look forward to working with them to take this technology to the next level." The acquisition comes as Google attempts to extend its brand power to the television market. Last year, the Mountain View, Calif., company unveiled its Google TV service, which is designed to let people both access the Internet and search for live television listings from their television sets. The search company partnered with content companies, including NBC, and streaming services, like Netflix Inc. (NFLX) and Amazon.com Inc. (AMZN), to provide television and movie programming for Google TV. It also partnered with Logitech International SA (LOGI, LOGN.VX) and Sony Corp. (SNE, 6758.TO) to create devices that run the service. Google TV aims to augment television viewing by allowing users to access the entirety of the Internet on their TV set. That differs from the approach taken by competitor Apple Inc. (AAPL), which limits Internet material accessible via its Apple TV product. On Monday, Google shares were little changed at $485. -By Andrew Morse, Dow Jones Newswires; 415-439-6402; andrew.morse@dowjones.com

Stock News for Logitech International S.a. - Registered (LOGI)
DateTimeHeadline
02/08/201604:00:00Logitech Transforms the Way Teams Use Video Conferencing
02/04/201604:00:00Logitech G Expands RGB Mechanical Gaming Keyboard Lineup
01/26/201604:00:00Graffiti Illustrator Nychos Designs Next Ultimate Ears Artist...
01/22/201617:00:00Logitech Files Quarterly Report on Form 10-Q
01/21/201617:56:00ADRs End Mostly Higher; Pearson Rises
01/21/201606:02:31Current Report Filing (8-k)
01/20/201621:00:00Logitech Delivers Better-Than-Expected Q3 Results and Raises...
01/13/201604:00:00Logitech Wins Five 2015 GOOD DESIGN Awards
01/06/201617:11:54Statement of Changes in Beneficial Ownership (4)
01/06/201617:10:59Statement of Changes in Beneficial Ownership (4)
01/05/201604:00:00Logitech Announces New G502 Proteus Spectrum Gaming Mouse
01/04/201617:04:25Current Report Filing (8-k)
01/04/201617:00:00Logitech Announces Date for Release of Third Quarter Fiscal 2016...
12/29/201517:00:00Logitech Creates New, Standalone Lifesize
12/23/201517:13:50Current Report Filing (8-k)
11/11/201507:00:00Logi CREATE Unveiled: The First Accessories Specially Designed...
10/26/201517:00:00Logitech Files Quarterly Report on Form 10-Q
10/23/201516:15:44Quarterly Report (10-q)
10/21/201522:58:05Logitech beats by $0.03, beats on revenue
10/21/201521:00:00Logitech Q2 Delivers Best Retail Sales Growth Since 2010

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