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Concept
Logitech
Summary
Logitech International S.A. (ˈlɒdʒɪtɛk ) is a Swiss
company and a multinational manufacturer of computer peripherals and software, with global headquarter in Lausanne, Switzerland. The company has offices throughout Europe, Asia, Oceania, and the Americas, and is one of the world's leading manufacturers of input and interface devices for personal computers (PCs) and other digital products. It is a component of the flagship Swiss Market Index.
The company develops and markets personal peripherals for PC navigation, video communication and collaboration, music and smart homes. This includes products like keyboards, mice, tablet accessories, headphones and headsets, webcams, Bluetooth speakers, universal remotes and more. Its name is derived from logiciel, the French word for software.
Logitech was founded in Apples, Vaud, Switzerland, in 1981 by Stanford alumni Daniel Borel and Pierluigi Zappacosta, and former Olivetti engineer Giacomo Marini. For a time during its formative years, Logitech's Silicon Valley headquarters occupied space at 165 University Avenue, Palo Alto, California, home to a number of noted technology startups.
In 2001, Logitech acquired Labtec for $150 million in order to expand its range of computer peripherals.
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.
In August 2008, Logitech acquired Ultimate Ears, supplier of custom in-ear monitors for professional musicians and Bluetooth speakers for the consumer market.
In December 2008, Logitech announced that it had manufactured one billion mice since 1985.
In December 2009, Logitech acquired video conferencing equipment maker Lifesize Communications.
In July 2011, Logitech acquired the mobile visual communications provider Mirial.
In January 2013, Bracken Darrell became Logitech's chief executive officer; then-CEO Guerrino De Luca continued as Logitech's chairman of the board.
In January 2016, Logitech spun off the video conferencing equipment maker Lifesize.
Official source
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