Nov 26, 2013 Logitech CFO Vincent Pilette to Present at NASDAQ OMX 30th Investor Program in London
Logitech International (SIX: LOGN) (NASDAQ: LOGI) today announced that Vincent Pilette , Logitech chief financial officer, will present at the NASDAQ OMX 30th Investor Program in London on Tues., Dec. 3, 2013 at 10:45 Greenwich Mean Time, 5:45 a.m. Eastern Standard Time . A live webcast and replay will be available on the Logitech corporate Web site at http://ir.logitech.com . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Logitech, the Logitech logo, and other...
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Nov 20, 2013 Logitech PowerShell Controller + Battery Transforms Mobile Gaming
New Controller Turns Compatible Devices into Mobile Gaming Consoles; Roughly Doubles Battery Life Logitech (SIX: LOGN) (NASDAQ: LOGI), a leading innovator of gaming peripherals, today introduced the Logitech® PowerShell™ Controller + Battery — providing console-style game controls and increasing game play-time on your iPhone 5s, iPhone 5, or iPod touch (5th generation) running iOS 7. Logitech PowerShell Controller + Battery (Photo: Business Wire) To use this first-of-its-kind mobile gaming console, you simply insert your compatible iPhone or iPod touch into the controller as you would with a standard case. The analog off-screen controls of the Logitech PowerShell Controller + Battery deliver a gaming experience that's familiar to console players everywhere, with a D-pad, shoulder triggers and face buttons that allow you to control game play. As a result, you can use the entire screen for viewing the game, giving you a more immersive mobile gaming experience. And thanks to the...
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Nov 18, 2013 Logitech President and CEO Bracken Darrell to Present at Morgan Stanley Technology, Media and Telecoms Conference in Barcelona
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that Bracken P. Darrell , Logitech president and chief executive officer, will present at the Morgan Stanley Technology, Media and Telecoms Conference in Barcelona, Spain on Thursday, Nov. 21, 2013 at 13:30 Central European Time and 7:30 a.m. Eastern Standard Time . A live webcast and replay will be available on the Logitech corporate Web site at http://ir.logitech.com . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global...
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Nov 14, 2013 Ultimate Ears Drives Innovation in Mobile Speaker Category
Newest Update Wakes You Up with UE BOOM and Makes Mornings Awesome Again Ultimate Ears introduced UE BOOM in May 2013 as the world's first social music player, launching the most compelling mobile speaker on the market. Today, the company is revealing another fun element, a new alarm feature that can be added to all UE BOOM speakers with a simple software update. Now, your UE BOOM is not only your ultimate party partner and travel companion, but your new favorite wake-up buddy as well. "When we conceived of the UE BOOM and its updateable platform, our goal was twofold: introduce the world's first social music player and make sure it stays relevant with the ever-evolving world of music consumption," said Rory Dooley , general manager of Ultimate Ears. "Social music enthusiasts have told us how much they love the 360-degree sound of the UE BOOM, its life resistant design and how it completely integrates into their lifestyle, and now we're taking it to the next level, thanks to regular...
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Nov 12, 2013 Logitech Honored with Three CES Innovations 2014 Design and Engineering Awards
Logitech Wireless All-in-One Keyboard TK820, Logitech G602 Wireless Gaming Mouse and Logitech G430 Surround Sound Gaming Headset Recognized Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced that three of its products have been named International CES Innovations 2014 Design and Engineering Awards Honorees. This is the 11th year in a row that products from Logitech have received these accolades. This year, the recognition goes to the Logitech® Wireless All-in-One Keyboard TK820, Logitech® G602 Wireless Gaming Mouse and Logitech® G430 Surround Sound Gaming Headset. "Elevating product design is a key focus for Logitech , so we're honored to be recognized by the Consumer Electronics Association in this area once again," said Bracken Darrell , Logitech president and CEO. "Receiving this honor underscores Logitech's long history of creating products that consumers love, and we're looking forward to introducing new products that will exceed consumers' expectations both in terms of function...
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Nov 5, 2013 Logitech Files Quarterly Report on Form 10-Q
Logitech International (SIX:LOGN)(Nasdaq:LOGI) today announced that on Nov. 5, 2013 , it filed with the U.S. Securities and Exchange Commission its Quarterly Report on Form 10-Q for the second quarter of Fiscal Year 2014. The filing is available on Logitech's website at http://ir.logitech.com . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks...
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Oct 28, 2013 Logitech Brings Ultra-Thin, Ultra-Light Protection and Function to the New iPad Air
Introduces Four New Tablet Accessories That Complement and Complete the New iPad Air Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced four new tablet accessories designed specifically for the new, iPad® Air. The Logitech® FabricSkin Keyboard Folio, Logitech® Ultrathin Keyboard Cover, Logitech® Ultrathin Keyboard Folio and Logitech® Folio Protective Case for the new iPad all provide protection against accidental bumps, scratches and spills while remaining ultra-thin and light. Logitech brings ultra-thin, ultra-light protection and function to the new iPad Air, introducing the Logitech FabricSkin Keyboard Folio, Logitech Ultrathin Keyboard Cover, Logitech Ultrathin Keyboard Folio and Logitech Folio Protective Case for iPad Air. (Photo: Business Wire) Each is precision engineered from state-of-the-art materials so they are protective, yet ultra-thin and ultra-light to perfectly complement the design of the iPad Air. The tablet keyboards connect using Bluetooth® and feature maximized...
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Oct 23, 2013 Logitech Announces Better-Than-Expected Q2 FY 2014 Results
Turnaround on Track NEWARK, Calif. - Oct. 23, 2013 and LAUSANNE, Switzerland, Oct. 24, 2013 - Logitech International (SIX: LOGN)(Nasdaq: LOGI) today announced financial results for the second quarter of Fiscal Year 2014, with better-than-expected revenue of $532 million, down 3 percent compared to second quarter of the prior year. Q2 GAAP operating income was $17 million, and GAAP EPS was $0.09   Q2 non-GAAP operating income was $37 million, and non-GAAP EPS was $0.20   Year-to-date GAAP operating income was $17 million, and GAAP EPS was $0.10   Year-to-date non-GAAP operating income was $49 million, and non-GAAP EPS was $0.26   "We're making progress toward building a faster and more profitable Logitech," said Bracken P. Darrell, Logitech president and chief executive officer. "In spite of headwinds from weak market conditions in Europe and a decline in the global PC market, we significantly improved operating profitability in the first half of Fiscal Year 2014....
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Oct 21, 2013 Logitech Introduces New Mobile Speakerphone With Enterprise-Quality Audio and Hands-Free Flexibility
Logitech Mobile Speakerphone P710e Transforms Any Location into an Instant Conference Room Logitech (SIX:LOGN)(NASDAQ:LOGI) today introduced the Logitech® Mobile Speakerphone P710e, a compact speakerphone designed for an individual or small group to easily set up an instant conference room virtually anywhere — in the office, at home, or on the go — connecting on their PC, Mac, tablet or smartphone. Logitech Mobile Speakerphone P710e (Photo: Business Wire) With hands-free, enterprise-quality audio, USB and Bluetooth® connectivity, NFC (Near Field Communication) pairing, and up to 15 hours of battery life, the Logitech Mobile Speakerphone enables users to experience professional-quality, natural-sounding conversations throughout even the longest workday. The speakerphone's sliding top section reveals an integrated stand that holds a mobile phone or tablet at the optimal angle for hands-free video calls. Or, during audio-only calls, the user can place a tablet in the integrated stand,...
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Oct 1, 2013 Ultimate Ears Delivers Huge Sound with the New UE MINI BOOM
Personal Bluetooth Speaker Joins UE BOOM in the Ultimate Ears Lineup, Delivering Big Sound You Can Take Anywhere Today Ultimate Ears introduced a major upgrade to the popular Logitech UE Mobile Boombox with UE MINI BOOM, a surprisingly small speaker that delivers unexpectedly huge sound in stylish and vibrant color options. The UE MINI BOOM takes the Ultimate Ears expertise in filling small speakers with big sound to a new level, with a personal speaker with clear highs and deep bass, giving you great stereo sound wherever and whenever you want it. UE MINI BOOM (Photo: Business Wire) With a battery that lasts up to 10 hours, simple controls and Bluetooth® connectivity, the UE MINI BOOM is the perfect music companion, whether you're streaming music videos, hanging out with friends or traveling. It streams big sound from any Bluetooth-enabled device from up to 50 feet away, and with such huge sound, you'll need the extra distance. Thanks to its convenient micro-USB charger, it's easy to...
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Sep 25, 2013 Logitech to Announce Second Quarter Fiscal 2014 Results
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will release quarterly financial results on Wednesday, Oct. 23, 2013 at 10:00 p.m. Eastern Daylight Time and Thursday, Oct. 24, 2013 at 04:00 Central European Summer Time. There will be a teleconference to discuss these results on Thursday, Oct. 24, 2013 at 8:30 a.m. Eastern Daylight Time and 14:30 Central European Summer Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company...
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Sep 4, 2013 Logitech Shareholders Approve Recommendations, Including Dividend, at Annual General Meeting
Logitech International (SIX: LOGN) (Nasdaq: LOGI) announced that at its annual general meeting held here today, the Company's shareholders approved a dividend of CHF 0.21 per share. Logitech shareholders eligible for the dividend must purchase the shares by the close of trading on Sept. 11, 2013 on the SIX Swiss Exchange or the Nasdaq Global Select Market. The dividend will be distributed on Sept. 17, 2013 . Shareholders will find information about the dividend on the Logitech corporate website at http://ir.logitech.com . Also at the meeting, Logitech's shareholders elected to the board Bracken P. Darrell, Logitech president and chief executive officer, and re-elected to the board Daniel Borel, Kee-Lock Chua, Sally Davis, Guerrino De Luca, Didier Hirsch, Neil Hunt and Monika Ribar. The shareholders approved all other recommendations put before them. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple...
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Sep 3, 2013 Vincent Pilette Joins Logitech as CFO
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that Vincent Pilette has joined the company as chief financial officer (CFO), effective Sept. 3, 2013 . Pilette reports directly to Logitech's president and chief executive officer, Bracken P. Darrell . Vincent Pilette joins Logitech from Electronics for Imaging, a Silicon Valley public company (Nasdaq: EFII), where he served as CFO for nearly three years. Prior to joining EFI, Pilette spent 14 years at Hewlett-Packard, holding a variety of finance positions in the U.S. and EMEA. "We're excited to have Vincent join Logitech's leadership team," said Bracken P. Darrell . "Through his roles with HP and EFI, Vincent brings a unique skill set to the position. And his direct experience as CFO of a company that repositioned itself to become a dynamic growth company aligns well with our goals and strategy." During Pilette's tenure at EFI, the company significantly grew its revenue, more than doubled its operating profit and...
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Sep 3, 2013 Logitech Expands Tablet Accessories Lineup With First Protective Folios for Samsung Tablets
Work on Your Terms with the New, Thin and Light Logitech Ultrathin Keyboard Folio and Logitech Folio Protective Case for Samsung Galaxy Tab 3 Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced the expansion of its market-leading tablet accessories lineup with its first products for Samsung Galaxy Tab® 3. The new collection includes the Logitech® Ultrathin Keyboard Folio for Samsung Galaxy Tab® 3 10.1 and three cases: Logitech® Folio Protective Case for Samsung Galaxy Tab 3 10.1, 8.0 and 7.0. Made from water-repellant materials, these new cases provide front and back protection, yet both are ultra-thin and light. Additionally, the Logitech Ultrathin Keyboard Folio features a built-in keyboard for fast, fluid and comfortable typing, no matter where you are. The Logitech Ultrathin Keyboard Folio for Samsung Galaxy Tab 3 10.1 features a built-in Bluetooth keyboard and provides front and back protection for your tablet, yet is super thin and light. (Photo: Business Wire) "With these new...
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Aug 28, 2013 Logitech Introduces Ultrathin Touch Mouse
Ultra -portable New Mouse Delivers Ideal Design and Functionality for Mobile Computing Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced its first ultra-portable touch mouse. The slim design of the Logitech® Ultrathin Touch Mouse perfectly complements today's computers, with sleek lines and a brushed aluminum body. Logitech Ultrathin Touch Mouse (Photo: Business Wire) "Our personal technology needs are evolving rapidly, and people expect better design," said Charlotte Johs, Logitech global vice president of brand development and portfolio for PC accessories. "Whether it's a computer, tablet, smartphone or touch-navigation device, people are looking for thin, modern design that works fluidly. We created the Logitech Ultrathin Touch Mouse to give people an ultra-portable mouse that complements today's MacBook and Ultrabook computers." With its thin, feather-light design, the Logitech Ultrathin Touch Mouse easily slips into any computer sleeve or pocket. Its silky-smooth touch surface...
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Aug 27, 2013 Logitech G Delivers Unprecedented Battery Life with New G602 Wireless Gaming Mouse
Redefines the Laws of Wireless Gaming with More than Eight Times the Battery Life of Other Wireless Gaming Mice — 250 Continuous Hours — Without Compromising Gaming Grade Sensor or Connection Performance Company Also Launches Two New Mouse Pads Designed to Provide Optimal Surfaces for Gameplay Today Logitech (SIX:LOGN) (NASDAQ:LOGI) introduced a mouse that redefines the boundaries of wireless gaming. The Logitech® G602 Wireless Gaming Mouse combines 250 hours of non-stop lag-free wireless game play with the precision of Logitech G's exclusive Delta Zero™ sensor technology to help players dominate boss after boss. Logitech G602 Wireless Gaming Mouse (Photo: Business Wire) And, to ensure players have the best-possible surface for their particular style of game play, Logitech has also created two new mouse pads, the Logitech® G440 Hard Gaming Mouse Pad and the Logitech® G240 Cloth Gaming Mouse Pad . These new mouse pads deliver optimized surfaces for both high- and low-DPI game play,...
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Aug 13, 2013 Logitech Wireless All-in-One Keyboard TK820 Streamlines Navigation with Large Built-in Touchpad
New Space-Saving Design Seamlessly Integrates Typing and Swiping Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced the expansion of its keyboard lineup with the Logitech® Wireless All-in-One Keyboard TK820, a wireless keyboard with a built-in touchpad that lets you type and swipe comfortably together. Logitech Wireless All-in-One Keyboard TK820 (Photo: Business Wire) "We created the Logitech Wireless All-in-One Keyboard TK820 to combine everything you need to control and navigate your computer in one sleek keyboard," said Charlotte Johs, Logitech global vice president of brand development and portfolio for PC accessories. "This keyboard offers an innovative way to navigate, letting you type, touch and swipe with a single device." The Logitech Wireless All-in-One Keyboard TK820 has an ultra-slim design that takes up less space on your desk because it connects wirelessly to your computer and streamlines navigation with a built-in touchpad. The touch area is significantly larger than a...
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Aug 11, 2013 Logitech Announces End of $250 Million Share Buyback Program
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that on August 9, 2013 , the Company's $250 million share buyback program, initiated in August 2010 , ended. Under the program, Logitech repurchased a total of 26,109,412 shares (13.63 percent of the initial share capital). Details of Logitech's share repurchase history can be found on the Company's website at http://ir.logitech.com . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Logitech, the...
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Aug 7, 2013 Logitech Files Quarterly Report on Form 10-Q and Amended Annual Report on Form 10-K/A
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that on August 7, 2013, it filed with the U.S. Securities and Exchange Commission its Quarterly Report on Form 10-Q for the first quarter of Fiscal Year 2014 and an Amended Annual Report on Form 10-K/A for Fiscal Year 2013. Both filings are on Logitech's website at http://ir.logitech.com. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Logitech , the Logitech logo, and other Logitech marks are...
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Jul 24, 2013 Logitech Announces First Quarter Financial Results for FY 2014
Company Significantly Improves Profitability NEWARK, Calif. - July 24, 2013 and MORGES, Switzerland, July 25, 2013 - Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the first quarter of Fiscal Year 2014. Sales for Q1 FY 2014 were $478 million, up 2 percent from $469 million in Q1 FY 2013, with exchange rates having no impact. Excluding those retail product categories that the Company is exiting (reported in the financial statements as "Retail - Other"), sales for Q1 FY 2014 were up 5 percent year over year. The Company posted a small operating profit compared to an operating loss of $59 million in the same quarter a year ago. Net income for Q1 FY 2014 was $ 1 million ($0.01 per share) compared to a net loss of $51 million ($0.32 per share) in the prior year. Gross margin for Q1 FY 2014 was 35.2 percent, up from 31.0 percent a year ago. The Company's total retail sales for Q1 increased by 5 percent year over year, up 12 percent in the Americas...
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Jul 23, 2013 Logitech Posts Invitation, Proxy Statement and Annual Report for 2013 Annual General Meeting
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it has filed its 2013 definitive proxy statement with the U.S. Securities and Exchange Commission and posted its invitation, proxy statement and annual report for the 2013 annual general meeting on the Company's website at http://ir.logitech.com . Informational materials will be mailed to Logitech registered shareholders in early August. The annual general meeting will take place in Lausanne, Switzerland on Sept. 4, 2013 . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on...
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Jul 17, 2013 New Logitech Bluetooth Speakers Z600 Deliver Premium Design and High-Performance Audio
Latest Logitech Stereo Speakers Offer Simple Wireless Connectivity for up to Three Devices at the Same Time Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced the Logitech® Bluetooth® Speakers Z600, an elegantly designed pair of wireless stereo speakers that complement the sleek good looks of Mac® and Ultrabook™ computers. With these speakers you can effortlessly stream music and other audio from your computer, smartphone or tablet. Three devices can be active at the same time, and switching among them is as simple as pressing pause on one and play on another. Logitech Bluetooth Speakers Z600 (Photo: Business Wire) "The Logitech Bluetooth Speakers Z600 were designed to resemble an object of art using shapes, materials, and colors that meld with the modern living space and complement the look of ultrathin laptops," said Charlotte Johs, Logitech global vice president of brand development and portfolio for PC accessories. "And with built-in Bluetooth connectivity, a first for Logitech...
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Jul 10, 2013 Logitech Nominates Bracken P. Darrell to Board of Directors
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that its board of directors will ask shareholders to approve the election to the board of Bracken P. Darrell , Logitech president and chief executive officer. The election will take place at Logitech's annual general meeting in Lausanne, Switzerland on Sept. 4, 2013 . At the meeting, Logitech shareholders will also be asked to re-elect multiple board members and to approve other proposals, including a previously announced dividend and the amendment and restatement of Logitech's 1996 Employee Share Purchase Plan (U.S.) and 2006 Employee Share Purchase Plan (non-U.S.), which would increase the number of shares available for purchase under these plans. Today the Company filed its preliminary proxy statement, which includes additional information regarding the nominees for election and re-election and other proposals, with the U.S. Securities and Exchange Commission and posted it on the Logitech website at...
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Jun 27, 2013 Logitech Announces Retirement of Erh-Hsun Chang
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that board member Erh-Hsun Chang will retire, effective September 4, 2013 , and will not seek re-election to the Logitech board of directors. Mr. Chang has served on the Logitech board of directors since 2006 and was previously on the company's management team from 1995 to 2006, having served earlier with the company from 1986 to 1988. "On behalf of Logitech's board of directors, employees and shareholders, I wish to thank Erh-Hsun Chang for his many years of service to Logitech," said Guerrino De Luca , Logitech's chairman of the board. "He was the leader for our global operations and led our entry into manufacturing in China , which was pivotal for our business momentum that began in the late nineties. As a board member, Erh-Hsun has been a key senior advisor for Logitech across a wide spectrum of business issues. We will miss Erh-Hsun's counsel and wish him well in his retirement." About Logitech Logitech is a world...
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Jun 25, 2013 Logitech to Announce First Quarter Fiscal 2014 Results
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will release quarterly financial results on Wednesday, July 24, 2013 at 10:00 p.m. Eastern Daylight Time and Thursday, July 25, 2013 at 04:00 Central European Summer Time. There will be a teleconference to discuss these results on Thursday, July 25, 2013 at 8:30 a.m. Eastern Daylight Time and 14:30 Central European Summer Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company...
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Jun 19, 2013 Logitech Introduces the Harmony Ultimate Hub, Turning iPhone and Android Smartphones into Personal Universal Remotes
Company to Retain Ownership of Harmony Remote Product Line Logitech (SIX: LOGN) (NASDAQ: LOGI) today announced the expansion of its universal remote control lineup with the Logitech® Harmony Ultimate Hub, an appcessory for consolidating all of your remote controls into one simple smartphone app, giving you personalized control of up to eight devices from anywhere in the house, using the smartphone you already own. The hub has previously been offered as part of the Logitech Harmony® Ultimate and Logitech Harmony® Smart Control products, and will be a standalone product for customers who prefer to control their digital experience with just a smartphone. Logitech also announced that it plans to retain ownership of its Harmony remote product line. The company has determined that retaining ownership is in the best interest of its shareholders. The Harmony product line has gained momentum following the April introduction of the Harmony Ultimate product, which is available in major retail...
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May 30, 2013 Logitech Files Annual Report on Form 10-K
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it filed its Annual Report on Form 10-K for Fiscal Year 2013 with the U.S. Securities and Exchange Commission on May 30, 2013 . It is available on Logitech's website at http://ir.logitech.com . Logitech expects to publish its annual report to shareholders, and its invitation and proxy statement for its 2013 annual general meeting, in late July 2013. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI)....
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May 22, 2013 LifeSize Takes Smart Video Mobile
LifeSize UVC ClearSea offers ease of use, flexibility and connected experience on nearly every mobile device LifeSize, a division of Logitech (NASDAQ: LOGI) (SIX: LOGN), has once again simplified the video collaboration experience, introducing LifeSize® UVC ClearSea™ — its mobile and desktop video conferencing solution. With LifeSize UVC ClearSea, the intuitive, feature-rich user experience of Smart Video™ is now available on nearly every desktop and mobile device, enabling better connected relationships with customers, suppliers and employees. "What we have created with LifeSize UVC ClearSea is a solution that allows organizations to experience mobile video collaboration on nearly any device with virtually no start-up cost," explained Michael Helmbrecht , vice president of video solutions at LifeSize. "With features such as unlimited guest calling and mobile clients included as standard, organizations can empower every employee with HD video collaboration capabilities on PCs, Macs,...
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May 22, 2013 Logitech Proposes Dividend for 2013, Provides Perspective on Financial Performance Goals for FY 2016
Briefing for Analysts and Investors to Be Held Today in Zurich Prior to a briefing for financial analysts and investors in Zurich today, Logitech International (SIX: LOGN) (Nasdaq: LOGI) announced that its Board of Directors has approved a dividend of CHF 0.21 per share, subject to shareholder approval at the Company's Annual General Meeting in September 2013. Logitech plans to issue an annual dividend on a recurring basis, subject to shareholder approval and other Swiss statutory requirements. At today's briefing for financial analysts and investors, Logitech plans to discuss its overall business strategy and its strategy for key product categories. The Company plans to reiterate its FY 2014 financial outlook announced on April 25, 2013 and discuss its long-range financial performance goals for FY 2016: Sales of $2.25 billion , operating income of $150 million and gross margin of approximately 35 percent. These goals are based on the Company's completed and planned actions in FY 2013...
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May 22, 2013 Logitech Introduces Its First Keyboard for iPad Specially Designed for the Classroom
The Plug-and-Play Logitech Wired Keyboard for iPad Delivers Comfortable Typing Experience to Students Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced the Logitech® Wired Keyboard for iPad®, the first iPad keyboard made specially for the classroom environment. Designed for hassle-free plug-and-play connectivity, the Logitech Wired Keyboard for iPad has an integrated Lightning Connector or 30-pin Connector — depending on which model iPad you use. Introducing the Logitech Wired Keyboard for iPad, the first iPad keyboard made specially for the classroom environment. Designed for hassle-free plug-and-play connectivity, the Logitech Wired Keyboard for iPad has an integrated Lightning Connector or 30-pin Connector. (Photo: Business Wire) "Schools are increasingly purchasing iPads for use in the classroom," said Mike Culver, vice president and general manager of mobility at Logitech. "While tablets are enabling new ways of teaching and testing, there's a challenge when a teacher...
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May 21, 2013 Ultimate Ears Unveils World's First Social Music Player: UE BOOM
Leverages YouTube Comedy Channel JASH in Summer-Long Campaign Aimed at Making Music Social Today Ultimate Ears introduced UE BOOM, a social music player made to help you rage, riot, party and play the music you love, out loud. It's designed to make the most of digital music's convenience, while making it less of a solitary experience. UE BOOM (Photo: Business Wire) UE BOOM is the first-ever social music player, a wireless speaker that's packed with a specific set of features that sets a new standard for listening to music. It's the first stereo speaker to offer 360-degree sound in a battery-powered device, and features a 15-hour rechargeable battery. Its versatile go-anywhere shape is wrapped in a specially developed acoustic skin that is both water and stain resistant so you can enjoy your music anywhere you go. And it is made for connecting with others. If more friends crash the party, you can wirelessly connect two UE BOOMs together through the free UE BOOM app (available for iOS™...
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Apr 24, 2013 Logitech Announces Fourth Quarter and Full-Year Financial Results for FY 2013
Improved Profitability Expected for FY 2014 NEWARK, Calif. - April 24, 2013 and MORGES, Switzerland, April 25, 2013 - Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2013. Sales for Q4 FY 2013 were $469 million, down 12 percent from $532 million in Q4 FY 2012. Excluding the unfavorable impact of exchange rates, sales were down by 11 percent compared to the prior year. The Company posted an operating loss for the fourth quarter of $37 million compared to operating income of $24 million in the same quarter a year ago. The operating loss included $16 million in restructuring charges and $6 million related to the impairment of goodwill and other assets. The net loss for Q4 FY 2013 was $36 million ($0.23 per share) compared to net income of $28 million ($0.17 per share) in the prior year. Gross margin for Q4 FY 2013 was 33.5 percent, down from 36.4 percent a year ago. Logitech's retail sales for Q4 FY...
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Apr 23, 2013 Suit Your Style With Logitech's Bold New iPad Folios
The Logitech FabricSkin Keyboard Folio and Logitech Folio Offer On-Trend Design, Sophisticated Colors and Unmatched Function Features First Bluetooth® Keyboard with Keys Seamlessly Fused into its Interior Fabric Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced two new products to its tablet accessories lineup with the Logitech® FabricSkin Keyboard Folio for iPad® and the Logitech® Folio for iPad and iPad® mini . Designed to complement both your style and your iPad with contrasting colors and high-end fabrics, these new folios protect the front and back of your tablet wherever you go, while letting you add personality to your iPad. The Logitech FabricSkin Keyboard Folio features the first Bluetooth keyboard with its keys seamlessly fused into an interior fabric. Its full-size keys give you the tactile feedback you're used to in a traditional keyboard, but in a sleek new look. (Photo: Business Wire) "We've combined design cues from the world of high fashion with the unbeatable...
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Apr 22, 2013 Wireless Freedom for Everyone at Work: Logitech Brings Enterprise-Grade Audio and Affordability to Headsets for Unified Communications
The Logitech Wireless Headset H820e Combines Innovative Features and Industry-Leading Battery Life in a Comfortable, Stylish Design Logitech (SIX: LOGN) (NASDAQ: LOGI) today introduced the Logitech® Wireless Headset H820e for unified communications and PC-based soft phones, bringing together enterprise-grade audio and innovative features in an affordable package that makes wireless freedom practical for everyone in the organization, working in all types of locations from traditional cubicles to open offices and even from home. Logitech Wireless Headset H820e (Photo: Business Wire) The Logitech H820e delivers true-to-life sound, even in noisy work environments, thanks to a noise-cancelling microphone, acoustic echo cancellation and digital signal processing (DSP). The headset is Optimized for Microsoft® Lync™ and is compatible with all major unified communication and soft phone applications, including Cisco platforms. The Logitech H820e also offers an industry-leading 10 hours of...
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Apr 16, 2013 Logitech Announces Departure of CFO Erik K. Bardman
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that Erik K. Bardman , senior vice president of finance and chief financial officer, will leave Logitech , effective April 26, 2013 . Mr. Bardman , who has been with Logitech since October 2009 , will join Roku as chief financial officer. Logitech is conducting a search of internal and external candidates for Mr. Bardman's replacement. "Erik has been an asset to Logitech over the past three and a half years," said Bracken P. Darrell, Logitech president and chief executive officer. "We are sorry to see him leave but pleased that he has built a strong team that can continue to execute on our cost savings and turnaround as we identify his successor. We wish him the very best in his new opportunity." About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and...
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Mar 26, 2013 Logitech to Announce Fourth Quarter Fiscal Year 2013 Results
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will release quarterly financial results on Wednesday, April 24, 2013 at 10:00 p.m. Eastern Daylight Time and Thursday, April 25, 2013 at 04:00 Central European Summer Time. There will be a teleconference to discuss these results on Thursday, April 25, 2013 at 8:30 a.m. Eastern Daylight Time and 14:30 Central European Summer Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public...
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Mar 26, 2013 Logitech Keyboard Folio for iPad and iPad mini Combines Comfortable Typing with 360-Degree Protection
Sleek Profiles and Refined Fabrics Upgrade Traditional iPad Keyboard Folios Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced the expansion of its tablet accessories lineup with the introduction of its Logitech® Keyboard Folio and Logitech® Keyboard Folio mini, designed to both safeguard your tablet and touch-screen while complementing it with refined fabrics and new colors to match your personal style. The Logitech Keyboard Folio and Logitech Keyboard Folio mini each boast a compact keyboard delivering the familiar feel of a traditional keyboard while complementing and protecting the front and back of your iPad or iPad mini. (Photo: Business Wire) "Our goal with the new Logitech Keyboard Folio was to take the award-winning typing experience from the Logitech Ultrathin Keyboard Cover and add an extra layer of protection," said Mike Culver, vice president of brand development for tablet accessories at Logitech. "To take the design a step farther, we combined Logitech's expertise and...
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Mar 20, 2013 Logitech Renews Commitment to PC Gaming, Introduces New Lineup
New Logitech G Line of Accessories Proves Science Wins Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced the new Logitech® G line, reflecting its new approach to PC gaming. The new lineup includes six redesigned mice and keyboard favorites and two new headsets. Logitech(R) G700s Rechargeable Gaming Mouse (Photo: Business Wire) "With Logitech G, we put our passion for science to work for you," said Ehtisham Rabbani, general manager of the Logitech gaming business group. "Just as gamers are compelled to beat levels, our engineers are compelled to test scientific theories. For close to 20 years the relentless pursuit of what's next has been our game — and we're pretty darn good at it. With Logitech G we will continue to push the limits of speed, precision, reliability — even intuitiveness. We do it because gamers expect us to push the limits as far as they do. Every inspired design choice and late-night engineering argument serves but one purpose, to help gamers play their best. When...
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Feb 28, 2013 Logitech Realigns Organization with Strategic Priorities, Resulting in Expected Incremental Cost Savings of $16 to $18 Million for FY 2014
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced an organizational alignment to the strategic priorities outlined by newly appointed CEO Bracken P. Darrell last month. These priorities include increasing focus on mobility products, improving profitability in PC-related products and enhancing global operational efficiencies. This alignment to the strategic priorities creates incremental cost savings of approximately $16 to $18 million in operating expenses in Fiscal Year 2014, a result of a workforce reduction. This is in addition to the previously announced $80 million savings in annual operating costs (operating expenses plus costs of goods sold) for Fiscal Year 2014 related to the Company's April 2012 restructuring. "As we align the organization with our strategy to become a faster, more profitable company, we have also created opportunities to become more focused, improve operational effectiveness and even deliver additional cost savings that will contribute to...
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Feb 27, 2013 Logitech CEO Bracken Darrell to Present at Raymond James 34th Institutional Investors Conference 2013 in Grande Lakes, Florida
Logitech International (SIX: LOGN) (NASDAQ: LOGI) today announced that Bracken P. Darrell , Logitech president and chief executive officer, will present at the Raymond James 34th Institutional Investors Conference 2013 in Grande Lakes , Florida on March 4, 2013 at 11:35 a.m. Eastern Standard Time / 8:35 a.m. Pacific Standard Time . A live webcast and replay will be available on the Logitech corporate Web site at http://ir.logitech.com . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global...
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Feb 21, 2013 Logitech CFO Erik Bardman to Present at Morgan Stanley Technology, Media and Telecom Conference 2013 in San Francisco
Logitech International (SIX: LOGN) (NASDAQ: LOGI) today announced that Erik K. Bardman , Logitech senior vice president, finance and chief financial officer, will present at the Morgan Stanley Technology, Media and Telecom Conference 2013 in San Francisco on Feb. 25, 2013 at 1:20 p.m. Pacific Standard Time / 4:20 p.m. Eastern Standard Time . A live webcast and replay will be available on the Logitech corporate Web site at http://ir.logitech.com . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq...
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Feb 19, 2013 LifeSize Announces Microsoft Lync Room System
LifeSize , a division of Logitech (NASDAQ: LOGI) (SIX: LOGN) today announced a deeper collaboration with Microsoft through its product development of a Microsoft® Lync® Room System . The joint effort with Microsoft enables LifeSize to deliver a video and collaboration solution that brings the familiar Lync unified communication experience to the meeting room. LifeSize is one of four video collaboration vendors participating in the Microsoft Lync Room Systems program, aimed at developing a new product category designed around Lync 2013. Today the company introduced its LifeSize® LRS1000™ for Microsoft® Lync®, a meeting room collaboration solution that natively runs Microsoft Lync 2013 software optimized for meeting rooms. By including all of the superior quality components needed for more productive meetings, LifeSize LRS1000 for Microsoft Lync provides the familiar Lync user experience and group collaboration capabilities to conference rooms, enabling more productive...
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Feb 13, 2013 Logitech Takes Desktop Video to the Next Level with Its Most Advanced Webcam for Business
The New Logitech Webcam C930e Is the First to Offer 90-Degree Field of View, Support for H.264 SVC and UVC 1.5 Video Encoding, and High-Definition Digital Pan-Tilt-Zoom Logitech (SIX: LOGN) (NASDAQ: LOGI) today announced the Logitech® Webcam C930e, taking desktop video for business to the next level with industry-first features that include an extra-wide 90-degree field of view, support for the H.264 SVC and UVC 1.5 video encoding standards and high-definition digital pan-tilt-zoom. Logitech Webcam C930e (Photo: Business Wire) The full 1080p high-definition Logitech C930e delivers enterprise-grade video collaboration with the widest field of view available in a desktop webcam for business, making it possible — for example — to show a full whiteboard on an office wall during a brainstorming session. The Carl Zeiss®-certified glass lens is engineered to avoid the "fish eye" distortion that often detracts from wide-angle images. Optimized for Microsoft Lync, compatible with Cisco, Skype...
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Feb 5, 2013 Logitech Files Quarterly Report on Form 10-Q
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it filed its Quarterly Report on Form 10-Q for the third quarter of Fiscal Year 2013 with the U.S. Securities Exchange Commission on Feb. 5, 2013 . It is available on Logitech's website at http://ir.logitech.com . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the...
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Feb 5, 2013 Logitech Introduces Award-Winning Ultrathin Keyboard Design for the iPad mini
Logitech Ultrathin Keyboard mini, the Other Half to Your iPad mini Logitech (SIX: LOGN) (NASDAQ: LOGI) today introduced the Logitech® Ultrathin Keyboard mini, a slim protective keyboard cover designed to enhance the iPad® mini experience. The Logitech Ultrathin Keyboard mini helps you make the most of everything you do on your iPad mini — from enjoying apps, movies and photos to giving you a comfortable typing experience — while keeping your tablet's thin, light and sleek style. The new Logitech Ultrathin Keyboard mini helps you make the most of everything you do on your iPad mini - from enjoying apps, movies and photos to giving you a comfortable typing experience. (Photo: Business Wire) "We are excited to bring the award-winning Logitech Ultrathin Keyboard Cover design — recognized across the industry as the best mobile keyboard for iPad — to the iPad mini," said Alexis Richard, director of brand development for tablet accessories. "Think of it as the other half of your iPad...
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Jan 29, 2013 LifeSize Introduces "Smart Video" with New Icon Series
LifeSize puts the video collaboration experience back in the hands of the users through a simplified user interface LifeSize, a division of Logitech (NASDAQ:LOGI) (SIX:LOGN), today announced LifeSize® Icon™ Series, its newly designed, highest quality video system. This series is the culmination of years of user-behavior research and corresponding purposeful design to alleviate common barriers to adoption that have plagued the video conferencing industry. The LifeSize Icon Series introduces a new, simplified user experience designed to make video communication so simple and intuitive that anyone can use it without training. The video conferencing market is entering a transitional phase. As mobile, cloud and virtualization technologies take hold, they're fundamentally changing how video communication works. Much as the introduction of the smartphone dramatically changed how people engaged with their mobile phones, LifeSize is aiming to transform the video communication experience with...
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Jan 23, 2013 Logitech Announces Third Quarter Results for FY 2013
New CEO Outlines Strategic Priorities NEWARK, Calif. - Jan. 23, 2013 and MORGES, Switzerland, Jan. 24, 2013 - Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the third quarter of Fiscal Year 2013. Sales for Q3 FY 2013 were $615 million, down 14 percent from $715 million in Q3 FY 2012, with no material impact from exchange rates. The company posted an operating loss of $180 million, which included a non-cash goodwill impairment charge, estimated to be $211 million, announced on January 22, 2013. Net loss for Q3 FY 2013 was $195 million ($1.24 per share) compared to net income of $55 million ($0.32 per share) in Q3 FY 2012. Gross margin for the quarter was 34.2 percent, compared to 36.2 percent in the same quarter one year ago. Excluding the aforementioned Q3 FY 2013 impairment charge, Q3 FY 2013 non-GAAP operating income would have been $31 million and non-GAAP net income would have been $16 million. Logitech's retail sales for Q3 FY 2013...
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Jan 22, 2013 Logitech Reports Non-Cash Accounting Charge for Q3 FY 2013
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will take a non-cash, non-tax-deductible goodwill impairment charge, estimated to be $211 million , in the third quarter of Fiscal Year 2013, related to its video conferencing reporting unit. Logitech's video conferencing reporting unit encompasses the integrated operations of the company's acquisitions of Sightspeed, LifeSize, Paradial and Mirial, for approximately $440 million combined. Under generally accepted accounting principles (GAAP), companies are required to conduct an annual goodwill impairment test for each of their reporting units. Goodwill is considered impaired when its carrying amount exceeds its implied fair value. As a result of its annual impairment test, Logitech determined that a write down of its video conferencing reporting unit goodwill was required, with the bulk of the impairment related to its LifeSize acquisition. The enterprise video conferencing industry has experienced a slowdown...
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Jan 17, 2013 Logitech Enhances User Experience for Unified Communications with Peripherals Designed for Cisco Jabber
The Logitech UC Solution for Cisco 725-C Includes Unique Enterprise-Grade Keyboard with Integrated Phone and Video Call Controls Logitech (SIX: LOGN) (NASDAQ: LOGI) today introduced a unique enterprise-grade keyboard with integrated phone and video call controls, designed exclusively for Cisco Jabber, making it fast and easy to communicate through a computer or thin client in virtual workspace environments. The Logitech UC Solution for Cisco 725-C brings together three new products: the innovative Logitech UC Keyboard K725-C with dedicated keys for managing calls on a computer or virtual desktop, the full-HD Logitech C920-C Webcam and the ergonomically shaped Logitech M525-C Wireless Mouse. Logitech UC Solution for Cisco 725-C (Photo: Business Wire) As a Preferred Solution Developer in the Unified Communications category of the Cisco Developer Network, Logitech has completed interoperability verification testing required by Cisco for the Logitech UC Solution for Cisco 725-C. The...
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Jan 2, 2013 Logitech to Announce Third Quarter Fiscal 2013 Results
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will release quarterly financial results on Wednesday, Jan. 23, 2013 at 10:00 p.m. Eastern Standard Time and Thursday, Jan. 24, 2013 at 04:00 Central European Time. There will be a teleconference to discuss these results on Thursday, Jan. 24, 2013 at 8:30 a.m. Eastern Standard Time and 14:30 Central European Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the...
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Jan 2, 2013 Bracken P. Darrell Becomes Chief Executive Officer of Logitech
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today filed a Current Report on Form 8-K with the U.S. Securities and Exchange Commission confirming that Bracken P. Darrell has become the chief executive officer of the company, effective January 1, 2013 , as part of an executive leadership transition planned when he joined Logitech as president in April 2012 . Mr. Darrell succeeds Guerrino De Luca , who continues as chairman of the board. The Current Report on Form 8-K is available on Logitech's website at http://ir.logitech.com . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech...
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