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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
04/29/201603:01:00Logitech Teams Up with San Francisco SPCA and MSPCA-Angell to...
04/28/201606:03:51Current Report Filing (8-k)
04/27/201621:00:00Logitech Delivers Best Annual Retail Sales Growth in Five Years
04/26/201603:01:00Logi BASE: The Easiest Way to Charge and Use Your iPad Pro
04/21/201612:19:00SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement...
04/21/201611:09:00Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces...
04/20/201617:49:00EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities...
04/14/201617:34:49Current Report Filing (8-k)
04/12/201617:00:00Logitech to Acquire Jaybird, Expanding Into the Fast-Growing...
04/06/201617:00:00Logitech Announces Date for Release of Fourth Quarter and Full-Year...
04/05/201603:01:00International Street Artist James Reka Behind Next Ultimate Ears...
04/01/201606:00:00A Big Brand Fights Hunger and Superheroes Fight to Make History...
03/30/201603:01:00Logitech Breaks Company Record with Nine Red Dot 2016 Product...
03/29/201616:54:20Statement of Changes in Beneficial Ownership (4)
03/24/201603:42:00Logitech G Introduces Its Best Gaming Mouse Yet With Professional-Grade...
03/24/201603:01:00Logitech G Introduces Its Best Gaming Mouse Yet With Professional-Grade...
03/17/201603:01:00Logitech G Unveils Two Cherry Mechanical Gaming Keyboards
03/07/201604:00:00Logitech Takes the Hassle Out of Building Video Conference Rooms
03/01/201623:30:00Logitech Projects Continued Growth in Revenue and Profitability
02/26/201615:00:00Logitech Honored With Eight 2016 iF DESIGN AWARDS

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