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| Type | Public (NASDAQ ADRs: LOGI) |
|---|---|
| Founded | 1981 |
| Headquarters | Romanel-sur-Morges, Switzerland |
| Key people | Guerrino De Luca (President and CEO) Mark J. Hawkins (SVP, Finance and Information Technology, and CFO) |
| Industry | Peripherals |
| Products | Peripherals |
| Revenue | ▲ US$ 2.370 billion (2008)[1] |
| Net income | ▲ US$ 849.12 million (2008)[1] |
| Total assets | ▲ US$ 286.12 million (2008)[1] |
| Total equity | ▲ US$ 231.03 million (2008)[1] |
| Employees | 7,500 |
| Website | www.logitech.com |
Logitech International S.A. (SWX: LOGN, NASDAQ: LOGI), headquartered in Romanel-sur-Morges, Switzerland, is the holding company for Logitech Group, a Swiss peripheral-device maker. Logitech makes peripheral devices for PCs, including keyboards, mice, game controllers and webcams. Logitech also makes home and computer speakers, headphones, wireless audio devices, as well as audio devices for MP3 players and mobile phones.
In addition to its Swiss headquarters, the company has offices in Fremont, California, as well as throughout Europe, Asia and the rest of Americas. Logitech's sales and marketing activities are organized into six geographic regions: Americas, Europe, Middle East, Africa, Australia, and Asia Pacific.
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Brand names
In the Japanese market, Logitech uses the brand name Logicool since a Logitec (ロジテック rojitekku) that focuses on computer peripheral devices has existed in that country since 1982, and its parent company has used the Logitec [sic] brand name since 1974.
In the UK, Logitech trades under 'Logi (UK) Ltd'; a 'Logitech' based in Glasgow, Scotland manufactures precision cutting, lapping and polishing equipment for the materials processing industry. In Canada, Logitech International uses its own name without conflict with Logitech Electronics, an InterTAN Canada Ltd. supplier of consumer electronics since 1988.
Since the 1980s, Logitech has made computer mice and keyboards directly for Apple Inc.,HP, Dell and other companies.
History
Logitech International S.A. was co-founded in Apples, Vaud, Switzerland, in 1981 by two Stanford Masters alumni, Daniel Borel and Pierluigi Zappacosta, and Giacomo Marini, formerly a manager at Olivetti.
The mass-marketed computer mouse was the product that made Logitech well-known. The range of products offered improvements over a product originally developed at LAMI (École polytechnique fédérale de Lausanne) by professor Jean-Daniel Nicoud and engineer André Guignard, who was involved in the design changes of the computer mouse originally invented by Douglas Engelbart.
For a time during its formative years, Logitech's Silicon Valley offices occupied space at 165 University Avenue, Palo Alto, California, home to a number of noted technology startups.
From there, Logitech expanded its product line (see below) to encompass many mass market computer peripherals and beyond (such as the "Harmony" range of programmable universal remote controls).
Production
The first Logitech mice were made in Le Lieu, in the Swiss Canton of Vaud by Dubois Depraz SA.
Production facilities were then established in the US, Taiwan, Ireland and moved subsequently to Suzhou, China. As of 2005[update], the manufacturing operations in China produce approximately half of Logitech's products. The remaining production is outsourced to contract manufacturers and original design manufacturers in Asia.
In December 2008, Logitech announced the production of its billionth mouse.[2]
Products
- Keyboards, computer mice, and trackballs (wired and wireless models).
- QuickCam webcams.
- PC speakers, including stereo as well as 2.1, 5.1 and 7.1 channel surround sound systems.
- Logitech 'G' series PC gaming hardware.
- Xbox, Xbox 360, PS2, PS3 and PSP gaming hardware, including game controllers, joysticks, keyboards and racing wheels.
- Headphones, headsets and desktop microphones.
- iPod, PSP, MP3 player and mobile phone accessories. Including iPod and PSP speaker docks.
- Harmony universal remotes.
- Squeezebox wireless music systems.
- io2 Digital Writing System.
- Ultimate Ears headphones and in ear monitors.
Key Innovations
Logitech's Darkfield Laser Tracking technology, announced on August 19, 2009, allows users to accurately mouse on multiple surfaces, including glass.[3] This technology is currently featured in two of Logitech's products: the Performance Mouse MX and the Anywhere Mouse MX. Both mice come with Logitech's micro-sized Unifying receiver and Hyper-Scroll technologies.
Sponsorships
Logitech is the main club sponsor of Co Carlow FC for the 2007/2008 season.
See also
- 3Dconnexion (Subsidiary of Logitech)
- Labtec (Subsidiary of Logitech)
- Harmony (Subsidiary of Logitech)
- Ultimate Ear (Subsidiary of Logitech)
- LifeSize (Subsidiary of Logitech)
References
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This article needs additional citations for verification. Please help improve this article by adding reliable references. Unsourced material may be challenged and removed. (December 2008) |
- ^ a b c d Google. "[http://www.google.com/finance?client=ob&q=NASDAQ:LOGI "Logitech International SA (USA) (Public, NASDAQ:LOGI)"]". microsoft.com. NASDAQ. http://www.google.com/finance?client=ob&q=NASDAQ:LOGI. Retrieved Apr 9, 4:36PM EDT.
- ^ "Firm makes one billionth mouse". BBC News. http://news.bbc.co.uk/2/hi/technology/7751627.stm. Retrieved 2008-12-03.
- ^ "Logitech Unveils Mice That Work Where Others Fail". Logitech PR. http://files.shareholder.com/downloads/LOGI/761885173x0x313431/b4d21eb3-9345-40c7-8b91-232607d20cd4/LOGI_News_2009_8_19_Financial.pdf. Retrieved 2009-10-31.
External links
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