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Article: Logitech Acquires Intrigue Technologies, Maker of Acclaimed Harmony Remote Controls.
- Article from:
- Business Wire
- Article date:
- May 6, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/High-Tech Writers
FREMONT, Calif. & ROMANEL-SUR-MORGES, Switzerland--(BUSINESS WIRE)--May 6, 2004--
Company Continues to Expand Its Presence in the Living Room
as It Executes on Its Growth Strategy
Logitech International (SWX:LOGN) (Nasdaq:LOGI) today announced that it has purchased the maker of the highly acclaimed Harmony Remote advanced remote controls -- privately held Intrigue Technologies of Canada -- for $29 million in cash, plus a possible performance-based payment, tied to reaching certain future remote control revenues. Intrigue, which will remain in Mississauga, Ontario, has pioneered an innovative approach ...