Logitech

Headquartered in Lausanne, Switzerland,[1] 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.

[3] Logitech was founded in Apples, Vaud, Switzerland, in 1981, by Daniel "Bobo" Borel, Pierluigi Zappacosta, and former Olivetti engineer Giacomo Marini.

Swiss-born Borel and Italian-born Zappacosta had met in California while taking electrical engineering classes in the late 1970s at Stanford University, under professors such as Ethernet inventor Robert Metcalfe.

Next, they turned to the computer mouse as an essential component of the graphical user interface used by a workstation requested by the Japanese company Ricoh.

[5] One of Logitech's offices was at 165 University Avenue, Palo Alto, California, US, home to a number of noted technology startups in the birthplace of Silicon Valley.

In the early-to-mid-1980s, Logitech stopped making mice in Switzerland, instead opening factories in Cork, Ireland, and Hsinchu, Taiwan, in addition to the Fremont location.

[8] Logitech created the first wireless mouse in 1984, using infrared (IR) light to connect to the Metaphor Computer Systems workstation developed by David Liddle and Donald Massaro, former Xerox PARC engineers.

[9] In 1985, Swiss inventor René Sommer developed microprocessor circuitry for the wired mouse, making it more responsive to human movement.

[13][14] In August 2010, Logitech acquired Ultimate Ears, supplier of custom in-ear monitors for professional musicians and Bluetooth speakers for the consumer market.

[20][21] In April 2016, Logitech agreed to pay a $7.5 million penalty following allegations that the company and certain former executives improperly inflated its financial results for the 2011 fiscal year to meet earnings guidance, along with other accounting violations.

The U.S. Securities and Exchange Commission stated that these accounting irregularities misrepresented the Swiss company's financial position, depriving investors of an accurate assessment of its performance.