Logitech to acquire WiLife

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DQChannels Bureau
New Update

New Delhi

November 14th, 2007

Logitech International has announced that it is broadening its presence in
the digital home with the acquisition of WiLife, Inc., which offers PC-based
video solution for self-monitoring a home or smaller business. The acquisition
is subject to customary closing conditions and is expected to close by
mid-November.

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"The acquisition of WiLife allows Logitech to offer yet another
mainstream solution for more convenience and control in the digital home,"
said Junien Labrousse, executive VP of Logitech's Products Group. "It
provides an easy and affordable way to use a PC and video cameras to gain peace
of mind when away from home. The WiLife business also complements our existing
video business."

Developed by experts in the home-surveillance industry, WiLife products,
which first shipped in 2005, are sold online and through retailers, VARs and
distributors in the U.S. and select European countries. With the acquisition,
Logitech plans to use its extensive distribution network to broaden availability
of the products. The WiLife business will become part of Logitech's Internet
Communications Business Unit, led by Gina Clark, VP and GM. Logitech plans to
market the products under the Logitech brand.

"The acquisition of WiLife complements Logitech's growing presence in
the digital home," said Guerrino De Luca, Logitech president and CEO.

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