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Logitech International today announced that the company has agreed to acquire privately held Ultimate Ears, of Irvine, Calif., for $34 million in cash. The long-established leader in custom in-ear monitors for on-stage professional musicians and sound engineers, Ultimate Ears has over the last few years expanded its product line to include a range of acclaimed in-ear consumer earphones for portable music enthusiasts, including users of iPhone, iPod and other MP3 players. The acquisition is subject to customary closing conditions and is expected to close in August.
Many people prefer a mouse to a touchpad but often leave the mouse behind when moving from room to room. Logitech is about to change all that with the introduction of the Logitech V550 Nano cordless laser mouse for notebooks, featuring the Clip-and-Go dock. The unobtrusive dock lets you conveniently clip the V550 mouse to your laptop – and go.
To help you stay close to those who matter most, Logitech today unveiled its first Mac-compatible webcam with premium autofocus technology and Carl Zeiss optics: the Logitech QuickCam Vision Pro webcam for Mac. The new Logitech webcam delivers image-perfect detail and clarity, and exceptional video calling with iChat and Skype.
Logitech today announced the Logitech V450 Nano cordless laser mouse for notebooks, providing more comfort and productivity for professionals who use a notebook PC or MacBook. The V450 Nano mouse features Logitech’s exclusive Plug-and-Forget Nano-receiver. Because of its small size, people can plug in the USB receiver once and then forget about it – the mouse is always ready for use.
Logitech International today announced record Q4 sales and profits, delivering its tenth consecutive year of double-digit revenue growth and reaching its full year revenue and profitability goals.
Today at the Game Developer’s Conference (GDC), Logitech announced the Logitech Driving Force GT racing wheel, the official wheel of Gran Turismo. Featuring powerful force feedback and an innovative 24-position real-time adjustment dial for on-the-fly control of brake bias, traction and damper settings, the Logitech Driving Force GT gives gamers the most accurate and authentic PLAYSTATION 3 (PS3) racing experience.
Rumours are flying around the internet that Microsoft could be planning a takeover bid for computer peripherals firm Logitech. Apparently Microsoft will offer 48 francs per share, compared to the current value of 39.46 francs, giving Logitech a value of around 10 billion francs (or roughly $9 billion US). Amid this speculation, share prices have risen over 12% from 34.80 francs on Wednesday to their current value, although many analysts are still sceptical of any takeover, with Michael Foeth from Vontobel bank saying:
Today's share price rise is probably more related to a rebound in the market than any rumours.Source: Reuters
Logitech is also trying to make some attention at CES. For starters there's a brand new Cordless Desktop MX 5500 Revolution keyboard and mouse combo that features the award-winning Logitech MX Revolution cordless laser mouse, a dynamic keyboard display and Bluetooth wireless connectivity. Logitech is also displaying the stylish Z Cinéma Advanced Surround Sound System which connects through a USB port. The Z Cinéma 2.1 consists of two-way satellite speakers (26 watts RMS x 2) and an 8-inch subwoofer (110 watts RMS). Using hybrid Class D and Class AB amplifiers plus SRS TruSurround HD, Logitech claims that the system can reproduce true surround-sound without the need for rear speakers. More to come are the new Logitech diNovo Mini palm-sized keyboard with media remote and ClickPad and the Harmony One advanced universal remote control. Please visit Logitech for more information and current item pricing.Logitech
Logitech International today announced that it is broadening its presence in the digital home with the acquisition of WiLife Inc., which offers an affordable, easy-to-set-up, easy-to-use PC-based video solution for self-monitoring a home or smaller business. Logitech has entered into an agreement to acquire the privately held company, based in Draper, Utah, for approximately $24 million plus a possible performance-based payment, tied to reaching certain future revenue targets. The acquisition is subject to customary closing conditions and is expected to close by mid-November.
Following yesterday's official Nintendo Wii USB keyboard support, Logitech today announced that the Logitech Classic Keyboard 200, a full-sized USB keyboard is now compatible with Nintendo’s popular Wii home video game system. The Classic Keyboard 200 offers people the advantages of a compact form factor, low-profile keys and spill-resistant design. The Classic Keyboard 200 will only work with Wii systems that have been updated to the latest Wii Menu, version 3.1. Users can perform this update by selecting the “Wii System Update” button in the Wii Settings menu. The Logitech Classic Keyboard 200 is available now in the U.S. and Europe for a suggested retail price of $14.99 (U.S.).Logitech