Logitech - History

History

Logitech International S.A. was co-founded in Apples, Vaud, Switzerland, in 1981 by two Stanford PhD alumni, Daniel Borel and Pierluigi Zappacosta, Jean-luc Mazzone and Giacomo Marini, formerly a manager at Olivetti.

The mass-marketed computer mouse was the product that made Logitech well-known. The range of products offered improvements over a product originally developed at LAMI (École Polytechnique Fédérale de Lausanne) by professor Jean-Daniel Nicoud and engineer André Guignard, who was involved in the design changes of the computer mouse originally invented by Douglas Engelbart.

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.

From there, Logitech expanded its product line (see below) to encompass many mass market computer peripherals and beyond (such as the "Harmony" range of programmable universal remote controls).

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 December 2008, Logitech shipped its one billionth mouse.

In May 2010, Logitech, in partnership with Google introduced the Internet enabled television; named Google TV.

In July 2011, Logitech acquired the mobile visual communications provider, Mirial.

Due to the expanding Tablet PC market, the world's biggest maker of computer mice confirmed a significant drop in Q3 2011 operating Income to $23 million from $51 million a year ago.

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