Computer folks might know the name Logitech for things like keyboards, mice, and Web cams, but the peripheral and accessories maker has apparently set it sights on the portable audio market, announcing today it has entered into a deal to acquire the privately-held Ultimate Ears for $34 million in cash. Ultimate Ears is mainly known for producing in-ear monitors used by audio engineers and performing musicians, but it has recently expanded its product lines to include consumer-oriented products as well as audiophile offerings.
