New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
Newark, Calif. — Logitech took the wraps off its first iPhone gaming controller, the PowerShell Controller + Battery.
The device attaches to an iPhone 5, 5s or a fifth-generation iPod Touch running iOS 7 for console-style gaming with a D-pad, shoulder triggers and face buttons. It also has a 1,500 mAh battery that will charge the Apple device during game play, and comes with a headphone extender to prevent the cable from interfering with game play.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Newark, Calif. — Logitech International reported another down quarter, but it expressed confidence in the progress of its three-year turnaround plan.
Revenue for the second quarter of fiscal 2014 was $532 million, down 3 percent compared with the prior-year period.
Second-quarter GAAP operating income was $17 million, while non-GAAP operating income was $37 million. Year-to-date GAAP operating income was $17 million, while non-GAAP year-to-date operating income was $49 million.
Newark, Calif. — Logitech International has hired Vincent Pilette as its new chief financial officer.
Pilette, who reports directly to Logitech president/CEO Bracken Darrell, was previously CFO of Electronics for Imaging. Prior to that Pilette spent 14 years at Hewlett-Packard, holding a variety of finance positions finance VP for HP’s multibillion dollar server, storage and networking business.
Logitech's previous CFO, Erik Bardman, left the company in April to join Roku as its CFO.
Newark, Calif. — Logitech unveiled a wireless keyboard with a Window 8-friendly integrated touchpad.
The TK820 keyboard, which uses the company’s proprietary Unifying 2.4GHz wireless receiver, has a built-in 4-inch touchpad that supports 13 multi-touch Windows 8 swipes. Consumers must download Logitech’s SetPoint software; the software also lets users customize keyboard settings and hot keys.
Unifying technology enables consumers to use up to six compatible devices with just one nano receiver.
Zurich, Switzerland -- Logitech International surprised Wall Street and turned a profit in its fiscal first quarter.
Net income came in at $1 million, compared with a net loss of $51 million in last year's Q1.
The company reported sales of $478 million for the quarter, up 2 percent year over year. Gross margin surged to 35.2 percent, up from 31 percent a year ago.
Logitech’s retail sales for Q1 increased by 8 percent over the prior year. OEM sales decreased by 6 percent and sales for the company's LifeSize division decreased by 18 percent.
Morges, Switzerland — Logitech International's board of directors will ask shareholders to approve the election of Bracken Darrell, Logitech president and CEO, to the board.
The election will take place at Logitech’s annual general meeting in Lausanne, Switzerland on Sept. 4.
Newark, Calif. — Logitech no longer plans to sell off its remote-control business, the company announced.
It said in a statement: “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 locations including select Apple stores in the U.S., and has exceeded the company’s expectations for customer connections.”
Fremont, Calif. — Logitech has purchased a Kickstarter-funded startup, TT Design Labs, creators of the TidyTilt iPhone case and the Justmount iPhone wall mount.
Terms of the deal were not disclosed.
Newark, Calif. — Logitech International reported yet another down quarter, with declining worldwide sales, but the computer accessories company said sales in the Americas have stabilized and it is now better positioned for growth after restructuring efforts.
Newark, Calif. -- Logitech today launched pre-ordering for two tablet accessories, the FabricSkin keyboard folio for iPad and the FabricSkin folio for iPad and iPad mini without a keyboard.
The FabricSkin keyboard folio features a Bluetooth keyboard with full-size keys that are seamlessly fused into the interior fabric. The keys offer tactile feedback like a traditional keyboard, but with a much smaller profile. The keyboard delivers three months of battery life on a charge.