News: Page (1) of 1 - 01/23/13

email article

print page

More Related Stories

Logitech flags $211 million charge in Q3 for video conferencing unit

ZURICH (Reuters) - Logitech, the no.1 maker of computer mice, said it will charge $211 million against third-quarter earnings for its video conferencing reporting unit.

"The enterprise video conferencing industry has experienced a slowdown in recent quarters and consequently, through this period, the video conferencing reporting unit has not sustained the growth Logitech originally anticipated," the technology company said in a statement on Wednesday.

(Reporting By Katharina Bart)

Page: 1