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Article: The Roda Group Announces Acquisition of SightSpeed by Logitech International.
- Article from:
- Telecommunications Weekly
- Article date:
- November 19, 2008
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The Roda Group, the principal venture capital backer and majority shareholder of privately held SightSpeed Inc., announced that it was pleased to see the award-winning provider of high-quality Internet video communications services acquired by Logitech International for approximately $30 million in cash.
Eric Tveter, Chairman of SightSpeed and senior advisor to The Roda Group, commented: "When you nurture a startup, as we have done with SightSpeed since 2003, it's always extremely satisfying to see a respected global leader like Logitech take your 'baby' under its wing. We are passionate believers in the overall market opportunity, and we couldn't be more pleased ...