Logitech Acquires Technology Firm

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Fremont, Calif. -- Logitech today announced the acquisition of Norway-based Paradial, a provider of back-end technology for video communications and an OEM supplier of Logitech's.

Financial terms were not disclosed.

Paradial's Network address translation (NAT) technology addresses one of the most significant barriers to the widespread adoption of Internet-based video communication: calling across protected networks, Logitech said in a release. Logitech markets  B to B video-conferencing systems and service to enterprises though its wholly owned LifeSize division.

Logitech purchased LifeSize

last November.

Paradial's NAT technology allows LifeSize's current conferencing services to traverse any firewall while maintaining a high level of security, Logitech said, "for seamless video calling between people inside the walls of an enterprise and those inside other enterprises, in remote offices or telecommuting." The company said the acquisition will allow it to closely integrate firewall and NAT traversal across its video-communication product portfolio.

"With the acquisition of Paradial, Logitech is taking another step toward delivering on our vision to bring seamless HD video communication to anyone, anywhere," said Gerald Quindlen, Logitech president/CEO. "By integrating Paradial's technology into our future product portfolio, Logitech is uniquely positioned to deliver a complete and intuitive HD video conferencing experience for companies of any size."

According to Logitech, most of Paradial's employees, including the company's founders, will be integrated into Logitech's LifeSize division, based in Austin, Texas.

Logitech said it will further comment on the acquisition during Quindlen's teleconference with analysts on July 29, following the company's post-market Q1 financial report release on July 28.


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