Logitech to Acquire WiLife, Creator of Award-Winning Video Solution for Home

(Auszug aus der Pressemitteilung)

FREMONT, Calif. and ROMANEL-SUR-MORGES, Switzerland, Nov. 8, 2007 – Logitech

International (SWX: LOGN) (Nasdaq: LOGI) today announced that it is
broadening its presence in the digital home with the acquisition of WiLife,
Inc., which offers an affordable, easy-to-set-up, easy-to-use PC-based video
solution for self-monitoring a home or smaller business. Logitech has
entered into an agreement to acquire the privately held company, based in
Draper, Utah, for approximately $24 million plus a possible
performance-based payment, tied to reaching certain future revenue targets.
The acquisition is subject to customary closing conditions and is expected
to close by mid-November.

The award-winning WiLife solution leverages the power of the PC and the
Internet to offer an alternative to expensive professional home-monitoring
services. The solution consists of PC software, up to six wireless video
cameras and a receiver plugged into wall outlets. The cameras and receiver
communicate using HomePlug technology, which transmits the video through a
building’s electrical wires. The video that is captured can be stored on a
local PC hard disk or stored via the Internet by WiLife and accessed
remotely – on a PC or a portable device such as a cell phone or PDA – using
the WiLife online service.

“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 vice president 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. Our video customers tell us that while connecting
with friends and family is the primary reason why they purchase a Logitech
webcam, many are very interested in an easy solution for self-monitoring
their home or business, or the well-being of an elderly parent living far

According to the Parks Associates survey “Global Digital Surveillance,” a
significant number of broadband-connected households have indicated a high
interest in remote monitoring of their home with a video camera: 9.8 million
in the U.S., 2.5 million in the U.K., 2.3 million each in France and
Germany, and 3.4 million in Japan.

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, vice
president and general manager. 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 chief executive
officer. “We are combining the power of simplicity, an intuitive interface
and Internet-based services for convenience and control – whether it is
intelligent control of the home-entertainment environment with the Harmony®
remote, wireless access to digital music anywhere in the home with the
Squeezebox™ network music player, immersive online gaming with our console
and PC peripherals, or now self-monitoring of the home or business with

Impact on Financial Results for Current Fiscal Year
While Logitech views the long-term potential of the acquisition to be very
promising, the impact of the acquisition on Logitech’s current fiscal year
results is not expected to be material.