Logitech

Logitech International S.A. ( ; often shortened to Logi) is a Swiss manufacturer of computer peripherals and software, with headquarters in Lausanne, Switzerland. The company has offices throughout Europe, Asia, Oceania, and the Americas, and is one of the world's leading manufacturers of input and interface devices for personal computers (PCs) and other digital products. The company develops and markets personal peripherals for PC navigation, video communication and collaboration, music and smart homes. This includes products like keyboards, mice, tablet accessories, webcams, Bluetooth speakers, universal remotes and more. Its name is derived from "logiciel", the French word for software.
History.
Logitech was founded in Apples, Vaud, Switzerland, in 1981 by Stanford alumni Daniel Borel and Pierluigi Zappacosta, and former Olivetti engineer Giacomo Marini. For a time during its formative years, Logitech's Silicon Valley offices occupied space at 165 University Avenue, Palo Alto, California, home to a number of noted technology startups.
In 2001, Logitech acquired Labtec for $150 million in order to expand its range of computer peripherals.
In 2007, Logitech licensed Hillcrest Labs' Freespace motion control technology to produce the MX Air Mouse, which allows a user to use natural gestures to control a PC.
In August 2008, Logitech acquired Ultimate Ears, supplier of custom in-ear monitors for professional musicians and Bluetooth speakers for the consumer market.
In December 2008, Logitech announced that it had manufactured one billion mice since 1985.
In December 2009, Logitech acquired video conferencing equipment maker Lifesize Communications.
In July 2011, Logitech acquired the mobile visual communications provider Mirial.
In January 2013, Bracken Darrell became Logitech's chief executive officer; then-CEO Guerrino De Luca continued as Logitech's chairman of the board.
In January 2016, Logitech spun off the video conferencing equipment maker Lifesize.
In April 2016, Logitech agreed to pay penalty related to accusations that it and some former executives improperly inflated the company's results for its 2011 fiscal year to meet guidance and other accounting violations. The U.S. Securities and Exchange Commission said the alleged accounting issues left investors without an accurate view of the Swiss company's finances.
On 12 April 2016, Logitech announced that they had agreed to acquire Jaybird, a leader in wireless audio wearables for sports and active lifestyles, for , with an additional earnout of up to based on achievement of growth targets.
On 15 September 2016, Logitech announced that they had purchased the Saitek brand and assets from Mad Catz for .
On 11 August 2017, Logitech acquired Astro Gaming, makers of professional gaming equipment (mainly headset solutions), for .
On 30 July 2018, Logitech announced that they had purchased Blue Microphones, a leader in studio-quality microphones, for .
On 26 September 2019, Logitech acquired Streamlabs, a leader in software and tools for live streaming, for approximately $89 million.
Production.
The first Logitech mice, starting from the P4, were made in Le Lieu, in the Swiss Canton of Vaud by .
Production facilities were then established in the United States, Taiwan, Hungary and Ireland before being moved to Suzhou, China. , the manufacturing operations in China produce approximately half of Logitech's products. The remaining production is outsourced to contract manufacturers and original design manufacturers in Asia.