By | October 23 2012 4:14 PM

When Logitech (Nasdaq: LOGI) first acquired the high-end headphone maker Ultimate Ears (UE) for $34 million four years ago, it was a hefty endorsement of a particular style of headphones and a prediction of where the market for consumer electronics and mobile audio devices were going. UE specialized in making in-ear “canal phones” that ran anywhere from $40 to more than $900.