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Logitech’s and Plantronics’ businesses have been under pressure as a result of new offerings being developed, not just from network gear makers such as Cisco Systems Inc (CSCO.O), but. from major technology companies such as Microsoft Inc (MSFT.O) and Google owner Alphabet Inc (GOOGL.O). Founded in 1981, Logitech has been countering declining sales of personal computers by focusing on consumer accessories that are benefiting from the growth of cloud computing, such as gaming, music, smart home connectivity and video conferencing cufflink locks uk sale. The Lausanne-based company has a market capitalization of $5.6 billion..

Last year, Logitech acquired ASTRO Gaming for $85 million in cash to expand in the video game sector cufflink locks uk sale. Santa Cruz, California-based Plantronics makes unified communications systems, wireless headsets, conferencing systems, and some software, which it sells to businesses and consumers. Founded in 1961, Plantronics’ first products were lightweight headsets for airline pilots. It later became known for selling headsets to the National Aeronautics and Space Administration, including the ones worn by Neil Armstrong during his first moonwalk in 1969..

(Reuters) – Cash-strapped Venezuela settled a $1.2 billion arbitration claim that will prevent a creditor from stripping away its crown jewel foreign asset, the U.S.-based Citgo Petroleum Corp refining business, according to Canadian court documents cufflink locks uk sale. The deal with Crystallex International Corp suspends the Canadian mining company’s push for a court-ordered auction of control of Citgo as a way of collecting on an arbitration award against Venezuela that has grown to more than $1.4 billion with interest. Citgo is based in Houston, Texas..

Venezuela completed an initial payment of $425 million, mostly in the form of “liquid securities,” on Nov. 23, according to a filing in the Ontario Court of Justice, where Crystallex sought protection from creditors in 2011. Part of the payment was made in bonds issued by Venezuela and its state oil company, PDVSA, according to a Venezuelan finance industry source with knowledge of the issue cufflink locks uk sale. Venezuela agreed to pay the remainder in installments by early 2021. If Venezuela fails to post collateral by Jan. 10 for the remaining payments, Crystallex can restart legal proceedings..

A U.S. judge in Delaware was scheduled to hear on Dec. 20 Crystallex’s arguments for a court-ordered auction of control of Citgo. The company’s three U.S. refineries are a key destination for Venezuela’s crude exports, and Citgo has been valued in the billions of dollars cufflink locks uk sale. Venezuela has managed to protect Citgo even though the country has been crippled by an economic crisis and U.S. sanctions, and has halted payments on tens of billions of dollars of debt. Caracas made payments last month to investors who hold bonds secured by Citgo shares..