wow, With what UE charges, I'm really surprised it's only worth 34M! But no other surprise here; they way UE has been pushing their products and their general strategy, a buy out from a big-name brander was going to happen.
Hmm...not sure how to take this. Might be good in certain ways, but also quite a few negatives. Logitech can make UE go mainstream and pose them as high end, and end up making a Bose out of them, lets wait and see.