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Logitech and UEIC Enter into Biz Relationship

 
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Ellen



Joined: 03 Aug 2003
Posts: 100
Location: East of the Rock, West of the Hard Place

PostPosted: Tue Dec 07, 2004 6:09 am    Post subject: Logitech and UEIC Enter into Biz Relationship Reply with quote

Saw this press release at the ueic web site:

Quote:
2004 Press Releases

Logitech and Universal Electronics Inc. Enter into Business Relationship and Settle Patent Infringement Litigation

FREMONT, Calif., ROMANEL-SUR-MORGES, Switzerland and Cypress, Calif.
— Nov. XX, 2004 — Logitech (SWX: LOGN) (NASDAQ: LOGI) and Universal Electronics Inc. (UEI) (NASDAQ: UEIC) today announced that the two companies have entered into a business relationship in which Logitech has licensed certain UEI technologies to be used in the Logitech Harmony line of advanced remote controls. In addition, the parties have agreed to explore mutually beneficial opportunities related to the supply and manufacture of remote controls, including the opportunity for UEI to license certain technology from Logitech. The agreement, the specific terms of which are confidential, is part of an overall business relationship that includes settling patent infringement litigation currently pending in the Federal District Court of the Central District of California between UEI and Logitech.

About Logitech
Founded in 1981, Logitech designs, manufactures and markets personal peripherals that enable people to effectively work, play, and communicate in the digital world. Logitech International is a Swiss public company traded on the Swiss Stock Exchange (LOGN) and in the U.S. on the Nasdaq National Market System (LOGI). The company has manufacturing facilities in Asia and offices in major cities in North America, Europe and Asia Pacific.

About Universal Electronics
Universal Electronics Inc., based in Southern California, develops firmware and turnkey solutions as well as software designed to enable consumers to wirelessly connect, control and interact with an increasingly complex home environment. The company’s primary markets include original equipment manufacturers (OEMs) in consumer electronics and personal computing, as well as multiple system operators in the cable and satellite subscription broadcasting markets. Over the past 16 years, the company has developed a broad portfolio of patented technologies and the industry’s leading database of home connectivity software that it licenses to its customers, including many leading Fortune 500 companies. In addition, UEI sells its universal wireless control products and other audio/visual accessories through its European headquarters in The Netherlands, and to distributors and retailers in Europe, Asia, Latin America, South Africa and Australia/New Zealand under the One For All® brand name. More information about UEI can be obtained at http://www.uei.com/.
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Mark Pierson
Expert


Joined: 03 Aug 2003
Posts: 3009
Location: Connecticut, USA

PostPosted: Tue Dec 07, 2004 5:02 pm    Post subject: Reply with quote

Nice find, Ellen! Wink

A JP1 Harmony could be a killer remote!
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Mark
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The Robman
Site Owner


Joined: 01 Aug 2003
Posts: 19463
Location: Chicago, IL

PostPosted: Tue Dec 07, 2004 6:07 pm    Post subject: Reply with quote

I'm still waiting for the URC-MX-500 !
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Rob
www.hifi-remote.com
Please don't PM me with remote questions, post them in the forums so all the experts can help!
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