Dec 29, 2015 Logitech Creates New, Standalone Lifesize
Logitech focuses on growing retail business; remains Lifesize shareholder Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that its Lifesize division has separated from the Company to become Lifesize, Inc., a private entity. Three venture capital firms – Redpoint Ventures, Sutter Hill Ventures and Meritech Capital Partners – have invested $17.5 million into Lifesize and join Logitech as shareholders. Logitech will hold a 37.5 percent share in the company, based on shares outstanding immediately following the investment. The separation of Lifesize is another step in Logitech’s transformation toward a simpler, faster company. It allows Logitech to focus on its growing retail business. At the same time, it provides Lifesize with a better opportunity to realize its full potential as a videoconferencing software as a service (SaaS) provider in a market with strong, growing demand. Lifesize will also benefit from the additional SaaS and videoconferencing market experience of...
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Nov 11, 2015 Logi CREATE Unveiled: The First Accessories Specially Designed With Apple for the iPad Pro
Make More Possible and Get More Done with Logi CREATE for iPad Pro Today Logitech (SIX:LOGN) (NASDAQ:LOGI) unveiled its first accessories designed in collaboration with Apple to perfectly complement the aesthetics and features of the new iPad Pro™: the Logi CREATE Backlit Keyboard Case with Smart Connector and the Logi CREATE Protective Case with Any-angle Stand. The Logi CREATE Keyboard Case is the first third-party keyboard on the market to leverage Apple’s new Smart Connector™, eliminating the need to power on, connect or charge the keyboard. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151111005384/en/ Logi CREATE: The first cases specially designed with Apple for the iPad Pro (Photo: Business Wire) Tweet now : Logitech unveils its first cases designed for the new #iPadPro. Make more possible. Get more done. http://blog.logitech.com/?p=24184 “The iPad Pro coupled with iOS 9 opens new ways to create, work and play...
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Oct 26, 2015 Logitech Files Quarterly Report on Form 10-Q
Logitech International (SIX: LOGN)(Nasdaq: LOGI) today announced that on Oct. 23, 2015, it filed with the U.S. Securities and Exchange Commission its Quarterly Report on Form 10-Q for the second quarter of Fiscal Year 2016. 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...
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Oct 21, 2015 Logitech Q2 Delivers Best Retail Sales Growth Since 2010
Retail Sales Up 12 Percent in Constant Currency Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced financial results for the second quarter of Fiscal Year 2016. Q2 sales were $540 million , up 2 percent compared to Q2 of the prior year. Q2 retail sales (total sales excluding OEM and Lifesize) were $496 million and grew 12 percent in constant currency. Q2 GAAP operating income was $26 million . Q2 GAAP earnings per share (EPS) were $0.11 , compared to $0.22 in the same quarter a year ago. Q2 non-GAAP operating income was $42 million , with non-GAAP EPS of $0.22 , compared to $0.31 in the same quarter a year ago. “I’m excited by our performance this quarter. We delivered our best retail sales growth in almost five years, exceeding expectations,” said Bracken P. Darrell, Logitech president and chief executive officer. “Our growth was broad-based across categories and regions. In constant currency, Americas grew 9 percent, EMEA grew 7 percent and Asia Pacific grew 26 percent....
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Oct 7, 2015 Logitech Announces Date for Release of Second Quarter Fiscal 2016 Results
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that it will release quarterly financial results on Wednesday, Oct. 21, 2015 at 9:00 p.m. Eastern Daylight Time and Thursday, Oct. 22, 2015 at 3:00 a.m. Central European Summer Time. There will be a teleconference to discuss these results on Thursday, Oct. 22, 2015 at 8:30 a.m. Eastern Daylight Time and 2:30 p.m. Central European Summer Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com. Prepared Remarks Available Online Logitech will make its prepared written remarks for the financial results teleconference available online at the same time as the release of its quarterly financial results on the Logitech corporate Web site at http://ir.logitech.com, in the Calendar section. About Logitech Logitech designs products that have an everyday place in people's lives, connecting them to the digital experiences they care about. Over 30 years ago Logitech started...
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Sep 30, 2015 Logi Circle Brings Home to Your Smartphone
A Home Camera Designed So You Don’t Miss a Thing Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced the Logi Circle Portable Home Connection Camera , a camera and companion app that brings your home happenings to your smartphone, and allows you to instantly engage with whomever is at home, so you’ll never miss another moment. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150930005446/en/ With the Logi Circle Portable Home Connection Camera you can watch your kids playing at home or tune into your dog playing with its favorite toy even if you’re running errands, traveling for business or at the office. (Photo: Business Wire) Tweet now: Introducing the Logi Circle: A home camera designed so you don’t miss a thing. Learn more: http://blog.logitech.com/?p=23817 “There’s a new movement in home monitoring,” said Vincent Borel , director of new ventures at Logitech . “The nature of today’s connected world is changing the...
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Sep 29, 2015 Logitech G Unveils Tenkeyless Mechanical Gaming Keyboard
Logitech G410 Atlas Spectrum TKL Mechanical Gaming Keyboard Features Exclusive Romer-G Mechanical Switches, Intelligent RGB Illumination and Arx Control Integration Logitech (SIX:LOGN) (NASDAQ:LOGI) today announced the Logitech® G410 Atlas Spectrum TKL Mechanical Gaming Keyboard, an ultra-light keyboard featuring Logitech’s exclusive Romer-G™ mechanical switches. Offering 25 percent faster actuation than standard mechanical keyboards, the Logitech G410 Atlas Spectrum TKL Mechanical Gaming Keyboard features improved durability and intelligent RGB illumination in a tenkeyless design. It also includes Arx Control Integration, a Logitech G app that displays a wide range of in-game information on your mobile device. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150929005385/en/ The Logitech® G410 Atlas Spectrum Tenkeyless Mechanical Gaming Keyboard features an ultra-light, tenkeyless and portable design, as well as...
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Sep 16, 2015 Logitech Confirms September 2015 Dividend Dates
Different Settlement Cycles Lead to Planned Temporary Halt to Nasdaq Trading of Logitech Shares Logitech International (SIX:LOGN) (Nasdaq:LOGI) today confirmed that the record date for the Company’s dividend, approved at its annual general meeting last week, is Sept. 21, 2015, with the payment date expected to be Sept. 22, 2015. The shares will be traded ex-dividend on the Nasdaq Global Select Market starting on Sept. 17 and on the SIX Swiss Exchange on Sept. 18. As previously communicated, due to the unaligned ex-dividend dates resulting from Logitech’s dual listing and different settlement cycles across the Swiss and Nasdaq exchanges, Nasdaq has informed the Company that it will temporarily halt the trading of Logitech shares on its platform on Sept. 17, 2015 from the start of the trading session on Nasdaq until the close of the trading session on the SIX Swiss Exchange at approximately 11:30 a.m. Eastern Daylight Time . The reason for the halt is the unaligned ex-dividend dates....
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Sep 15, 2015 Ultimate Ears Ups the Ante with UE BOOM 2
UE Introduces New Anywhere-You-Go-Proof Mobile Speaker Today Ultimate Ears once again dares you to take the party anywhere by adding UE BOOM 2 to its colorful lineup of beach-, snow- and anywhere-you-go-proof wireless mobile speakers. Starting first with UE BOOM and now turning things up again with UE BOOM 2, Ultimate Ears is continuing to transform the way people experience music, together, out in the world by completely redefining the Bluetooth® speaker category. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150915005546/en/ UE BOOM 2 (Photo: Business Wire) Designed to get wet, muddy and beat up, UE BOOM 2 blasts insanely great sound in every direction. Using the same high-quality materials you have come to expect from Ultimate Ears, UE BOOM 2 is waterproof (IPX 7), drop-proof (from up to five feet high), disruptive and bold, plus a whole lot of fun. It’s the size of a water bottle, so stick it in your bike’s water...
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Sep 9, 2015 Logitech Shareholders Approve Proposals, Including Dividend, at Annual General Meeting
Three New Board Members Elected; Daniel Borel , Co-Founder, Accepts Honorary Title of Chairman Emeritus Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced, at its annual general meeting, that the Company’s shareholders approved a dividend of approximately CHF 0.51 per share1, nearly double that of the prior year, following a year of strong cash generation. Logitech also offered Daniel Borel , Logitech co-founder, the role of Chairman Emeritus of the Company’s board of directors – a title he accepted. The position is honorary, without voting rights. It means that Daniel Borel will continue to interact with the board in addition to the numerous other roles he plays. Additionally, at the meeting, Logitech’s shareholders elected to the board of directors Sue Gove, Lung Yeh and Edouard Bugnion. All other incumbent members of the board who stood for re-election were re-elected, and all other proposals at the AGM were approved. Guerrino De Luca , Logitech’s chairman of the...
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Sep 9, 2015 Logitech CREATE: The First Third-Party Keyboard for iPad Pro
Logitech Works with Apple to Leverage the New iPad Pro Smart Connector Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced the Logitech® CREATE Keyboard Case for iPad Pro, developed closely with Apple to leverage the new Smart Connector™. As a result, Logitech will bring to market the first ever third-party keyboard compatible with the iPad Pro Smart Connector, eliminating the need to power on, set up or charge the keyboard – it is always ready when you are. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150909006566/en/ Logitech CREATE Keyboard Case for iPad Pro (Photo: Business Wire) Tweet now : Logitech works closely w/ Apple to release keyboard compatible with the #iPadPro Smart Connector. http://blog.logitech.com/?p=23830 “Logitech is the world leader in iPad keyboards, and we’re introducing the Logitech CREATE Keyboard Case – developed together with Apple – to enhance and perfectly complement the iPad Pro,” said...
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Sep 3, 2015 Create and Communicate on Any Device with Logitech’s New Bluetooth Keyboard and Mouse
Free Yourself from Your Desk Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced the Logitech® K380 Multi-Device Bluetooth® Keyboard and the Logitech® M535 Bluetooth® Mouse , giving you the freedom to work, create and express yourself on any device, anywhere. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150903005223/en/ Tweet now : Free yourself from your desk. Logitech launches its new Bluetooth keyboard & mouse so you can work on any device, anywhere. #K380 #M535 - http://logt.ly/BTMK “We're living in an era of creativity where we can capture, edit and publish content wherever we feel inspired and on any device,” said Charlotte Johs, global vice president of computer peripherals at Logitech. "In this connected and multi-device world, work is no longer bound to the office or studio. The sofa, back yard or coffee shop is the new work station, and the Logitech K380 Multi-Device Bluetooth Keyboard and Logitech M535...
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Aug 27, 2015 Logitech G Introduces New Gaming Headphones
Logitech G633 and G933 Artemis Spectrum Headsets Feature Advanced Patent Pending Pro-G Audio Drivers, 7.1 Dolby® Surround Sound, DTS Headphone:X and RGB Lighting NEWARK, Calif. -(BUSINESS WIRE)- Logitech (SIX: LOGN) (NASDAQ: LOGI), a leading innovator of gaming products, today introduced two new gaming headphones, the Logitech® G933 Artemis Spectrum™ Wireless Gaming Headset and the Logitech® G633 Artemis Spectrum™ Gaming Headset . Featuring patent pending Pro-G audio drivers, the new headphones were designed by Logitech’s sound engineering team, with more than 25 years in audio development. The result is gaming headphones that deliver a superior all-around audio experience. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150827005118/en/ Logitech , a leading innovator of gaming products, today introduced two new gaming headphones, the Logitech® G933 Artemis Spectrum™ Wireless Gaming Headset and the Logitech® G633 Artemis...
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Aug 24, 2015 Logitech Honored With Three 2015 IDEA Awards
Esteemed Award Validates Logitech’s Focus on Design Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced that three of its products have been honored with 2015 International Design Excellence Awards (IDEA). The Logitech® Keys-To-Go and the Logitech® MX Master Wireless Mouse were each honored with a bronze award, while the Logitech® ConferenceCam Connect received a gold award, marking the second consecutive year of IDEA wins for the company. Tweet now : Logitech adds three 2015 International Design Excellence Awards to its resume of design excellence @IDSA #IDSAIDEA “Every product accolade we receive – design or otherwise – speaks volumes to the hard work we’re putting into transforming Logitech into a design-centric company,” said Bracken Darrell, Logitech president and CEO. “These three awards from IDEA are no exception, and further validate our mission to create technology that is beautifully crafted.” Each year designers, students and companies worldwide submit their products to the...
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Jul 22, 2015 Logitech Confirms FY 2016 Outlook with Q1 Sales of $470 Million
Q1 Retail Sales Grow 7 Percent in Constant Currency: Company Transition to Growth on Track Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced financial results for the first quarter of Fiscal Year 2016. Q1 sales were $470 million , down 2 percent compared to Q1 of the prior year. Q1 retail sales were $425 million and grew 7 percent in constant currency. Q1 GAAP operating income was $7 million . This includes $13 million in restructuring costs. Q1 GAAP earnings per share (EPS) were $0.04 , compared to $0.12 in the same quarter a year ago. Q1 non-GAAP operating income was $31 million , with non-GAAP EPS of $0.16 , compared to $0.22 in the same quarter a year ago. “Our first quarter results are encouraging and put us strongly on track for FY 2016,” said Bracken P. Darrell, Logitech president and chief executive officer. “We are on the offensive, focusing on our retail business in order to accelerate our transition to growth – Q1 retail sales grew 7 percent in constant...
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Jul 15, 2015 Logi BLOK: the Family of Cases Made to be Dropped
This is the New Shape for iPad Protection Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced its first family of products under the new Logi label : the Logi™ BLOK family of cases for iPad. Comprised of the Logi BLOK Protective Shell , the Logi BLOK Protective Case and the Logi BLOK Protective Keyboard Case , the BLOK family features cushioned square corners designed to help protect your iPad from drops up to six feet high and onto surfaces as hard as concrete. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150715005510/en/ The BLOK family of cases features cushioned square corners designed to help protect your iPad from drops up to six feet high and onto surfaces as hard as concrete. (Photo: Business Wire) Tweet now: Meet BLOK: the Logi family of #iPad cases that’s made to be dropped. Learn more: http://blog.logitech.com/?p=23427 “The iPad is a powerful device. But people have dropped and damaged – or are afraid that...
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Jul 9, 2015 Logitech Announces Date for Release of First Quarter Fiscal 2016 Results
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that it will release quarterly financial results on Wednesday, Jul. 22, 2015 at 9:00 p.m. Eastern Daylight Time and Thursday, Jul. 23, 2015 at 3:00 a.m. Central European Summer Time. There will be a teleconference to discuss these results on Thursday, Jul. 23, 2015 at 8:30 a.m. Eastern Daylight Time and 2:30 p.m. Central European Summer Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com. Prepared Remarks Available Online Logitech will make its prepared written remarks for the financial results teleconference available online at the same time as the release of its quarterly financial results on the Logitech corporate Web site at http://ir.logitech.com, in the Calendar section. About Logitech Logitech designs products that have an everyday place in people's lives, connecting them to the digital experiences they care about. Over 30 years ago Logitech started...
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Jul 8, 2015 Meet the New Logitech
A Company with Design at Its Core Today Logitech (SIX:LOGN) (NASDAQ:LOGI) revealed its biggest brand transformation in its history. Building on its heritage as a technology company, Logitech has placed design at its core. It is crafting a portfolio of products that go beyond PC peripherals, to products that have a place in every aspect of your daily life. This brand reflects the company's reinvention, with a colorful new attitude and a re-imagined logo. You'll even see a new label for our latest product categories: Logi. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150708005372/en/ Tweet now: Meet the new @Logitech. Logitech unveils its biggest brand transformation since its founding. More on this #news: http://logt.ly/logi Since 2013, Logitech has been working behind the scenes on reinventing the company, shaking things up culturally and through its product innovation. Its latest products are an outward...
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Jun 25, 2015 Logitech Announces Sue Gove, Lung Yeh and Edouard Bugnion as New Board Nominees
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that its board of directors will ask shareholders at its next annual general meeting (AGM) to approve the election to the board of directors of three new nominees. They are: Sue Gove, president of Excelsior Advisors and former president and CEO of Golfsmith International Lung Yeh, managing director of Enspire Capital Edouard Bugnion, professor at the École Polytechnique Fédérale de Lausanne (EPFL) and a founder of both VMware and Nuova Systems Monika Ribar and Matthew Bousquette, non-executive members of Logitech's board of directors since 2004 and 2005 respectively, have decided not to stand for re-election to the board of directors at the 2015 annual general meeting when their current term ends. Monika Ribar serves on Logitech's Audit and Compensation Committees. Matthew Bousquette is Lead Independent Director and serves on Logitech's Compensation, Audit and Nominating Committees. As Logitech communicated in December...
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Jun 16, 2015 Ultimate Ears Introduces New Mobile Speaker Designed for Whatever, Wherever, Whenever
UE ROLL is a Waterproof Go-Everywhere Speaker that Connects to You and Your Music Ultimate Ears continues to transform the way people experience music, together, out in the world. Today, Ultimate Ears announces UE ROLL, a powerful pint-sized wireless Bluetooth® speaker that is ready for whatever, wherever, whenever. You haven't heard anything yet. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150616005561/en/ UE ROLL (Photo: Business Wire) UE ROLL blasts unapologetically awesome 360-degree sound that is loud and crisp with deep bass that busts out incredible beats. On top of its insane sound, the design of UE ROLL carries the essence of the original UE BOOM and is made to be part of your ultra-mobile lifestyle. Whether you fasten it to your swimsuit using its one of a kind attach-and-go bungee cord, or hook it to your hiking gear while you backpack, UE ROLL connects to you, your friends and your music. It is waterproof...
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Jun 11, 2015 Logitech G Introduces Force Feedback Racing Wheel for the PlayStation®4
Logitech G29 Driving Force Features Hand-Stitched Leather, Dual-Motor Force Feedback and All-Steel Pedals With Clutch Logitech (SIX:LOGN) (NASDAQ:LOGI), a leading innovator of gaming peripherals, today announced the Logitech® G29 Driving Force, a force feedback racing wheel licensed for PlayStation®4 (PS4™) and PlayStation®3 (PS3). Built for precision racing and long-lasting reliability, the Logitech G29 Driving Force features a dual-motor force feedback transmission with anti-backlash helical gearing, hand-stitched leather-wrapped rim, and stainless steel throttle, brake, and clutch pedals. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150611005012/en/ The Logitech® G29 Driving Force is a force feedback racing wheel licensed for PlayStation®4 (PS4™) and PlayStation®3 (PS3) and is expected to be available at global retailers beginning in July 2015. (Photo: Business Wire) "Our fans have been asking for a PS4 wheel since...
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Jun 11, 2015 Logitech G Introduces First Force Feedback Racing Wheel for Xbox One® and PC
Logitech G920 Driving Force Features Hand-Stitched Leather, Dual-Motor Force Feedback and All-Steel Pedals With Clutch Logitech (SIX:LOGN) (NASDAQ:LOGI), a leading innovator of gaming peripherals, today announced the Logitech® G920 Driving Force™, its first force feedback racing wheel available for Xbox One®, as well as PC, will be available this fall. Built for precision racing and long-lasting reliability, the Logitech G920 Driving Force features Logitech's powerful dual-motor force feedback transmission with anti-backlash helical gearing, hand-stitched leather-wrapped rim, and stainless steel throttle, brake, and clutch pedals. The wheel is also compatible with the optional Driving Force Shifter, a six-speed manual gear stick with push-down reverse. This is the first Logitech racing wheel available for Xbox One. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150611005038/en/ Logitech® G920 Driving Force is a force...
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Jun 10, 2015 Logitech Simplifies Connecting Your PC to Your TV with New Living Room Keyboard
The Logitech Wireless Touch Keyboard K400 Plus Lets You Comfortably Control Your Computer Screen on Your TV Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced the Logitech® Wireless Touch Keyboard K400 Plus, a living room keyboard that lets you comfortably control your computer screen on your TV. The K400 Plus features a wireless range of up to 33 feet and an integrated touchpad, making it easy to stream movies, TV shows, music and other entertainment on your PC from your couch. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150610005278/en/ Logitech Wireless Touch Keyboard K400 Plus (Photo: Business Wire) "The living room is a place where we come to relax, entertain ourselves and connect with friends and family," said Charlotte Johs , global vice president of computer peripherals at Logitech . "The Logitech Wireless Keyboard K400 Plus makes it easy to connect your PC to the TV and search for Internet content."...
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Jun 5, 2015 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 2015 with the U.S. Securities and Exchange Commission. 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 2015 annual general meeting, in late July 2015. 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...
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Jun 2, 2015 Logitech to File Form 12b-25
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that the Company will file Form 12b-25 and expects to file its annual report on Form 10-K for the year ended March 31, 2015 within the week. The Company changed its auditors in the third quarter of fiscal year 2015. And, given the timing of the engagement for their first-year audit and the Lifesize goodwill impairment, the Company is utilizing Rule 12b-25, which allows for a filing of the Form 10-K within fifteen days to be deemed timely. Logitech expects to publish its annual report to shareholders, and its invitation and proxy statement for its 2015 annual general meeting, in late July 2015. 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...
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May 19, 2015 Seven Logitech Products Recognized With International Design Awards
Award Competition Recognizes Logitech Products for Achievement in Design, Creativity, Usability and Innovation Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced that seven of its products have been honored with International Design Awards. The Logitech® G402 Hyperion Fury™ Ultra-Fast FPS Gaming Mouse and the Logitech® ConferenceCam Connect both won Gold, the Logitech® G302 Daedalus Prime™ MOBA Gaming Mouse, the Logitech® Keys-To-Go and Ultimate Ears' UE MEGABOOM were each awarded Silver, and the Logitech® AnyAngle™ took home Bronze. In addition, the Logitech® Bluetooth Multi-Device Keyboard K480 took home a Silver and Bronze in two of the International Design Award categories. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150519005067/en/ "Our hard work is paying off; we've taken home more than 50 design award wins in the past 16 months alone," said Bracken Darrell, Logitech president and CEO. "Logitech strives to be...
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May 13, 2015 Logitech Confirms Lifesize Non-Cash Accounting Charge for Fiscal Year 2015
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that, based on a third party valuation report, it will take a non-cash, non-tax-deductible goodwill impairment charge related to the acquisition of Lifesize. As communicated in April 2015 , Logitech has been evaluating the goodwill associated with Lifesize. This charge is expected to be between $100 million and $123 million in the fourth quarter of Fiscal Year 2015. The charge does not affect the Company's operating performance. It is still subject to further review by the Company and its independent auditors, including the routine review of subsequent events, prior to the filing of its Annual Report on Form 10-K for the fiscal year ended March 31, 2015. As announced last month, Logitech is reorganizing its Lifesize business to sharpen its focus on Lifesize's new cloud-based offering which is gaining significant market traction. Logitech is implementing these actions, and considering others, to optimize the value of its...
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Apr 22, 2015 Logitech Exceeds Fiscal Year 2015 Expectations Best Earnings in Seven Years
Q4 Growth Category up 45 Percent in Constant Currency; Company Announces Acceleration of Growth Transformation Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced preliminary financial results for the fourth quarter and full year of Fiscal Year 2015. Q4 closed a strong fiscal year with better-than-expected sales of $467 million - up 1 percent in constant currency - and GAAP operating income of $12 million, with non-GAAP operating income of $14 million. For the full Fiscal Year 2015, ended March 31, 2015 : Sales were $2.11 billion, down 1 percent compared to the previous fiscal year, and up 2 percent in constant currency. Importantly, Retail Strategic - sales in the Company's Profit Maximization and Growth categories - grew by 6 percent in constant currency. GAAP operating income was $141 million, with GAAP earnings per share (EPS) of $0.81, compared to $0.46 a year ago. This was the Company's best EPS since FY 2008. Non-GAAP operating income was $191 million, with non-GAAP...
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Apr 7, 2015 Logitech Announces Date for Release of Fourth Quarter and Full-Year Financial Results for FY 2015
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that it will release FY 2015 quarterly and full-year financial results on Wednesday, Apr. 22, 2015 at 21:00 Eastern Standard Time and Thursday, Apr. 23, 2015 at 03:00 Central European Time. There will be a teleconference to discuss these results on Thursday, Apr. 23, 2015 at 08:30 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. Prepared Remarks Available Online Logitech will make its prepared written remarks for the financial results teleconference available online at the same time as the release of its quarterly financial results on the Logitech corporate Web site at http://ir.logitech.com, in the Calendar section. 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,...
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Apr 7, 2015 Ultimate Ears Teams Up With Graffiti Artist Craola for Its Sixth Artist-Edition UE BOOM
UE Continues to Push Boundaries in Design with its Safe Haven Edition UE BOOM Today Ultimate Ears announced its sixth artist-designed UE BOOM mobile speaker, designed by contemporary graffiti artist Greg ‘Craola' Simkins. The Safe Haven Edition UE BOOM celebrates the depth and detail in the world of art by combining the powerful sound from the multi-award-winning UE BOOM with Craola's vivid - and imaginative - designs. Safe Haven UE BOOM (Photo: Business Wire) Craola draws inspiration from his favorite childhood books and cartoons, and weaves together pop culture, nature and carnival kitsch with his warped imagination to capture the extraordinary in his pieces. His work can be found in a variety of places, from galleries to clothing and video games, to spray-painted murals. Now, he is bringing his visions to new life on the acoustic skin of UE BOOM, encouraging fans to bring a fresh perspective to their imaginations and express themselves. "Just like my art inspires people to leave...
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Mar 30, 2015 Six Logitech Products Recognized with a Red Dot 2015 Product Design Award
Logitech Products Honored for Excellence in Design for Third Consecutive Year Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced that six of its products have been honored with Red Dot 2015 Product Design Awards, marking the third consecutive year of Red Dot wins for the company. This year the Logitech® ConferenceCam Connect, the Logitech® Keys-To-Go, the Logitech® G910 Orion Spark RGB Mechanical Gaming Keyboard, the Logitech® Bluetooth Multi-Device Keyboard K480, the Logitech® Wireless Mouse M320 and Ultimate Ears' UE MEGABOOM were each awarded with the internationally recognized Red Dot seal of quality. These recognized products represent six different areas of the Logitech business, verifying the company's breadth of excellence in design. "At our core, we're focused on designing experiences that stand apart from the rest," said Bracken Darrell , Logitech president and CEO. "Through smart and thoughtful design, we differentiate our products and we're proud of the accolades we've...
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Mar 24, 2015 Logitech Unveils its Most Advanced Wireless Mouse
Logitech MX Master Wireless Mouse Designed to Work Across Multiple Screens and Operating Systems Today Logitech (SIX: LOGN) (NASDAQ: LOGI) opened up a world of new possibilities with the introduction of the Logitech® MX Master Wireless Mouse. Encompassing the best of Logitech's industry-leading mouse innovations into a hand-sculpted design, the MX Master is the new paradigm for precise, fast, comfortable computer navigation. For people who work across multiple screens, devices and operating systems, the new mouse is optimized for controlling this complex environment with precision. The Logitech MX Master Wireless Mouse encompasses industry-leading mouse innovations into a hand-sculpted design for precise, fast, comfortable computer navigation. (Photo: Business Wire) "The Logitech MX Master Wireless Mouse is a beautifully designed, customizable mouse with the versatility of control, precision and speed," said Charlotte Johs, global vice president of computer peripherals at Logitech....
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Mar 11, 2015 Logitech Announces Plans for $250M in Dividends Over Three Years
Company Reiterates FY 2015 Outlook and Long-Term Business Model; Provides FY 2016 Outlook at Analyst & Investor Day in Zurich Prior to a meeting today with financial analysts and investors in Zurich, Logitech International (SIX:LOGN) (Nasdaq:LOGI) announced: Full-year FY 2015 financial outlook of $2.11 billion in sales and $185 million in non-GAAP operating income. Full-year financial outlook for FY 2016 of $2.15 billion in sales (+2% year-over-year, +6% year-over-year in constant currency) and $150 million in non-GAAP operating income. A plan for returning up to $500 million in cash to shareholders over a three year period featuring an enhanced dividend plan of $250 million to complement the existing Board-approved $250 million share buyback program. "I'm very pleased that our profitability turnaround is on track thanks to higher gross margins and disciplined spending," said Bracken Darrell , Logitech president and chief executive officer. "While the strength of the U.S. dollar...
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Mar 5, 2015 New Logitech G Performance Edition Gaming Mouse Designed for and Tested by the Gaming Enthusiast Community
Logitech G303 Daedalus Apex Features Our Best Optical Sensor for Maximum Tracking Accuracy Logitech (SIX:LOGN) (NASDAQ:LOGI), a leading innovator of gaming peripherals, today introduced its newest Logitech G mouse, the Logitech® G303 Daedalus Apex Performance Edition Gaming Mouse. Designed based on feedback from the gaming enthusiast and eSports community, the Logitech G303 features the Logitech G exclusive Delta Zero™ optical sensor technology for precision targeting, and metal spring button tensioning system in a lightweight, compact form. Logitech G303 Daedalus Apex Features Our Best Optical Sensor for Maximum Tracking Accuracy (Photo: Business Wire) "The community sent us a clear message that they wanted the lightweight, symmetrical design of our G302 combined with the amazing sensor in our G502," said Ujesh Desai, vice president and general manager of the Logitech gaming business. "We took this feedback and built a mouse that was tuned and tested by pros to help ensure improved...
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Feb 25, 2015 Logitech G Extends Relationship with Top eSports Teams
Cloud9 and Team SoloMid to Continue Exclusively Using Logitech G Headsets, Mice, Keyboards and Mouse Pads in Competition Logitech (SIX:LOGN) (NASDAQ:LOGI), a leading innovator of gaming peripherals, today announced that two top North American professional gaming organizations have decided to exclusively use Logitech G hardware for the next year. In addition to providing early feedback and design input on products before they go to market, Cloud9 (C9) and Team SoloMid (TSM) will continue to exclusively use a mix of Logitech G hardware peripherals during tournament gameplay including headsets, mice, keyboards and mouse pads whenever they play. "eSports continues to grow in popularity and play a critical role in PC gaming," said Ujesh Desai , general manager of the Logitech gaming business. "We're privileged to be able to work with some of the best pro gamers in the world. By teaming up with them we can take their feedback and develop the best gaming gear on the planet."...
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Feb 17, 2015 Logitech Wins 10 Prestigious Product Design Awards
Logitech Wins Seven 2014 GOOD DESIGN Awards and Three 2015 iF DESIGN AWARDS Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced that seven of its products have been named 2014 GOOD DESIGN™ Award winners and three of its products have been named 2015 iF DESIGN AWARD™ winners, reflecting the company's commitment to creating products of superior design. This is the fourth consecutive year that Logitech products have received GOOD DESIGN Awards, and the fifth consecutive year they have received iF DESIGN AWARDS. Logitech announces seven products named 2014 GOOD DESIGN(TM) Award winners and three named 2015 iF DESIGN AWARD(TM) winners (Photo: Business Wire) The 2014 GOOD DESIGN Awards honored the Logitech® case+, the Logitech® Illuminated Living-Room Keyboard K830, the Logitech® X300 Mobile Wireless Stereo Speaker, the Logitech® G502 Proteus Core Tunable Gaming Mouse, the Logitech® G402 Hyperion Fury™ Ultra-Fast FPS Gaming Mouse, the Logitech® Ultrathin Keyboard Folio for iPad® Air and...
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Jan 27, 2015 Logitech Files Quarterly Report on Form 10-Q
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that on Jan. 27, 2015, it filed with the U.S. Securities and Exchange Commission its Quarterly Report on Form 10-Q for the third quarter of Fiscal Year 2015. 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....
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Jan 26, 2015 Logitech Introduces First Anytime, Anywhere Portable Videoconferencing Solution
Logitech ConferenceCam Connect Enables Mobile Audio and Video Collaboration for Small Groups in Any Workspace Logitech (SIX: LOGN) (NASDAQ: LOGI) today announced a transformation in communication. The new Logitech® ConferenceCam Connect is a portable all-in-one videoconference solution with a breakthrough design for small and medium sized rooms. It works with any computing device with a USB connection (PC, MAC®, or Chromebook™), with virtually any videoconferencing software (Microsoft® Lync™ and Skype™, Cisco Jabber® and WebEx®, Citrix GoToMeeting®, Blue Jeans®, Google Hangouts™, Lifesize®, Vidyo®, Zoom®, etc.), and it can be easily moved from room to room. Logitech ConferenceCam Connect is a portable, all-in-one videoconference solution with HD 1080p video, professional audio, and multi-device connectivity for small group collaboration. (Photo: Business Wire) "For about the cost of an office chair, businesses of all sizes can now afford to quickly connect with customers, vendors and...
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Jan 21, 2015 Logitech Increases Profitability Outlook for Fiscal Year 2015 Following Better-Than-Expected Q3 Results
Retail Sales Momentum Continues with 5 Percent Growth in Constant Currency Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced financial results for the third quarter of Fiscal Year 2015. Q3 sales were $634 million , up 1 percent compared to Q3 of the prior year, with retail sales up 2 percent. Excluding the unfavorable impact of currency exchange rates, Q3 retail sales grew 5 percent. Q3 GAAP operating income was $65 million , with GAAP earnings per share (EPS) of $0.38 , compared to $0.29 in the same quarter a year ago. Q3 non-GAAP operating income was $76 million , with non-GAAP EPS of $0.41 , compared to $0.35 a year ago. Cash flow from operations in the quarter was $76 million . Cash flow from operations for the last twelve months was approximately $232 million , up 86 percent compared to the same period a year ago. "I'm excited about our strong performance in Q3," said Bracken P. Darrell, Logitech president and chief executive officer. "We almost doubled sales...
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Jan 7, 2015 Ultimate Ears to Deliver World's First Multi-Bluetooth Speaker Pairing of More Than Ten Speakers
UE to Introduce Unprecedented Sound Feature to All UE BOOM and UE MEGABOOM Speakers The multi award-winning UE BOOM by Ultimate Ears has helped transform how you experience music out in the world, and today UE announced its next step in evolving the way you enjoy music. Teaming with semiconductor company CSR pIc, UE is delivering enhanced connectivity to its existing and future users, allowing you to connect more than 10 of its popular UE BOOM and/or new UE MEGABOOM speakers together at once. The feature is expected to be available in Summer 2015 and is being demoed this week at the 2015 International CES® in Las Vegas, Nev. "Our mission is to transform the way people experience their music, together, out in the world," said Rory Dooley , general manager of Ultimate Ears. "That's why, on top of a design that looks and sounds great, and can go anywhere, we designed these speakers to frequently update with new features. We are committed to helping you fit your music into your lifestyle,...
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Jan 7, 2015 Logitech Announces Date for Release of Third Quarter Fiscal 2015 Results
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will release quarterly financial results on Wednesday, Jan. 21, 2015 at 10:00 p.m. Eastern Standard Time and Thursday, Jan. 22, 2015 at 04:00 Central European Time. There will be a teleconference to discuss these results on Thursday, Jan. 22, 2015 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. Prepared Remarks Available Online Logitech will make its prepared written remarks for the financial results teleconference available online at the same time as the release of its quarterly financial results on the Logitech corporate Web site at http://ir.logitech.com, in the Calendar section. 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...
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Jan 5, 2015 Ultimate Ears Delivers Unrivaled Sound in a Life-Proof Design with New UE MEGABOOM Speaker
Amped Up Portable Speaker Blasts Freakishly Amazing Sound Today Ultimate Ears is expanding its lineup of multi award-winning mobile speakers with UE MEGABOOM, the next-generation portable wireless speaker that delivers more power, more sound, more bass and more mayhem than you've ever experienced before in a portable speaker. UE MEGABOOM (Photo: Business Wire) Similar to UE's first mobile speaker, UE BOOM, the next-generation UE MEGABOOM blasts freakishly amazing 360-degree sound with heart-pounding bass. With a waterproof - IPX7 certified - and stain-resistant acoustic skin, and a durable grab-and-go design, UE MEGABOOM makes your musical adventures both awesome and easy. Plus, UE MEGABOOM weighs less than two pounds, features a 20-hour rechargeable battery life and 100-foot wireless Bluetooth® range, so you can keep the party going anywhere. You can also wirelessly Double Up with a second UE MEGABOOM, or UE BOOM, for twice the beats. "People want their music wherever they go, and to...
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