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The Information Technology 100

76

Logitech International

Logitech knows how to mix business and pleasure. Most famous for making computer mice, the Swiss company has stayed a step ahead in design, enabling it to hold its own against Microsoft's mouse business. In recent years, Logitech has aggressively expanded into accessories for gaming gizmos and peripherals for the iPod and other MP3 music players, as well as home-entertainment systems. The company announced its seventh consecutive record-breaking year in April. Sales rose 17%, to $1.48 billion, with net income of $149 million, an increase of 13%.

Company Info

STOCK INFO LOGI
Revenues* $1.5 BILLION
Revenue Growth 16.9%
Return on Equity 28.4%
Total Return29.1%
Profits* $149.3 MILLION
Industry COMPUTERS AND PERIPHERALS
CORPORATE WEB SITE
All figures are for the most recent available 12 months.

* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.


Data provided by Standard & Poor's Compustat, BusinessWeek

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Company Snapshot

Logitech International S.A. engages in the design, manufacture, and marketing of personal interface products for personal computers (PCs) and other digital platforms. The company’s product family includes Web cameras, mice, trackballs, and keyboards for the PC; interactive gaming controllers, multimedia speakers, and headsets for the PC and for gaming consoles; mobile headsets; 3D control devices; and advanced remote controls. Its products are sold through various channels, including consumer electronics retailers, mass merchandisers, computer and telecom stores, value added resellers, online merchants, and original equipment manufacturers (OEMs). Logitech sells its products to OEMs, and to a network of retail distributors and resellers in the United States, Europe, and Asia. The company was founded in 1981 and is headquartered in Switzerland.

No. of Employees

NA


Data provided by Capital IQ
Guerrino  De Luca

Guerrino De Luca

Bio

Guerrino De Luca has been President and Chief Executive Officer of Logitech International SA since February 1998 and a member of the Board of Directors since June 1998. Prior to that time, Mr. De Luca served as Executive Vice President of Worldwide Marketing for Apple Computer Inc., from February 1997 to September 1997, and as President of Claris Corporation, a personal computing software vendor, from February 1995 to February 1997. Prior to this, Mr. De Luca held various positions with Apple in the United States and Europe. Mr. De Luca holds a BS in Electronic Engineering from the University of Rome.