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Logitech

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Logitech International S.A.
Company typeSociété Anonyme
SIX: LOGN Nasdaq: LOGI
IndustryComputer peripherals
FoundedOctober 2, 1981
FounderDaniel Borel
Giacomo Marini
Pierluigi Zappacosta Edit this on Wikidata
HeadquartersMorges, Switzerland[1]
Area served
Worldwide
Key people
Guerrino De Luca (Chairman and acting CEO), Erik Bardman (SVP, Finance and CFO)
ProductsComputer peripherals
RevenueDecrease $3.32 billion (2011)
587,336,000 United States dollar (2024) Edit this on Wikidata
Decrease $70 million (2011) [2]
Total assetsIncrease $1.85 billion (2011)[2]
Total equityIncrease $1.15 billion (2011)[2]
Number of employees
11,000 (2010)
Websitewww.logitech.com
Logitech's Silicon Valley office in Fremont
Wireless Trackman Mouse
USB speakers
Precision PC game controller

Logitech International S.A. is a global provider of personal computer accessories headquartered in Romanel-sur-Morges, Switzerland. The company develops and markets products like peripheral devices for PCs, including keyboards, mice, microphones, 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 Newark, California, as well as throughout Europe, Asia and the rest of the Americas. Logitech's sales and marketing activities are organized into four geographic regions: Americas, EMEA, Asia Pacific and China.[3][4]

Brand names

In the Japanese market, Logitech uses the brand name Logicool[5] since a company known as Logitec (ロジテック, rojitekku) that focuses on computer peripheral devices has existed in that country since 1982, and its parent company, Elecom, has used the brand name since 1974. Similar-sounding trademarks in the same industry can be infringing; Logitech chose to avoid this situation.

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, HP, Dell and for other platforms including PlayStation.

History

Logitech International S.A. was co-founded in Apples, Vaud, Switzerland, in 1981 by two Stanford PhD alumni, Daniel Borel and Pierluigi Zappacosta, Jean-luc Mazzone 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.[6]

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).

In 2007, Logitech licensed Hillcrest Labs' Freespace motion control technology to produce the MX Air Mouse, which allows a user to use natural gestures to control a PC.[7][8]

In December 2008, Logitech IS A MOUSE shipped its one billionth mouse.[9][non-primary source needed]

In May 2010, Logitech, in partnership with Google introduced the Internet enabled television; named Google TV.[10]

In July 2011, Logitech acquired the mobile visual communications provider, Mirial.[11]

Due to the expanding Tablet PC market, the world's biggest maker of computer mice confirmed a significant drop in Q3 2011 operating Income to $23 million from $51 million a year ago.[12]

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, 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.

Products

See also

References

  1. ^ Logitech website. "Contact page". Retrieved Jul 17, 2012.
  2. ^ a b c "Logitech - Logitech Announces Fourth Quarter and Full-Year Financial Results for FY 2012". logitech.com.
  3. ^ Reuters. "Logitech International SA." Retrieved Jul 17, 2012.
  4. ^ NASDAQ. "LOGITECH INTERNATIONAL S.A. Company Description." Retrieved Jul 17, 2012.
  5. ^ "Official Logicool Site". Logicool.co.jp. Retrieved 2011-06-12.
  6. ^ "A Historical Tour of Silicon Valley." Retrieved Jul 12, 2012.
  7. ^ Techspot July 13, 2007. Logitech's MX Air Mouse with freespace motion control
  8. ^ "One Billion Logitech Mice | BLogitech". Blog.logitech.com. Retrieved 2010-11-11.
  9. ^ Albanesius, Chloe (2011 [last update]). "Google Unveils Google TV With Sony, Logitech, Intel as Partners | News & Opinion | PCMag.com". pcmag.com. Retrieved 2 August 2011. {{cite news}}: Check date values in: |year= (help)CS1 maint: year (link)
  10. ^ "Logitech Acquires Mirial - MarketWatch". marketwatch.com. 2011 [last update]. Retrieved 2 August 2011. {{cite web}}: Check date values in: |year= (help)CS1 maint: year (link)
  11. ^ Remondini, Chiara (2011-10-27). "Logitech Second-Quarter Profit Drops on America, Europe Sales; Asia Gains". Bloomberg. Retrieved October 27, 2011.
  12. ^ Logitech: Ultrathin keyboard cover protects the new iPad (german), netzwelt, retrieved on 2012-04-18.
  13. ^ "Logitech: Wireless speaker adapter for WiDi enabled laptops". Vr-zone.com. 2011-01-09. Retrieved 2011-06-12.
  14. ^ PJ Jacobowitz, PC Mag. "Logitech Alert 750e Outdoor Master System." Oct 12, 2010. Retrieved Jul 12, 2012.
  15. ^ CNET. "Logitech Alert 750e Outdoor Master System." Aug 3, 2010. Retrieved Jul 12, 2012.
  16. ^ David Carnoy, CNET. "Logitech introduces DIY video security system." Aug 3, 2010. Retrieved Jul 12, 2012.
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