Dateline City:
Newark, Calif.
Crowd-Funded, Smartphone Accessories Startup Delivers Product Portfolio and Design Know-How
NEWARK,Calif. — June 6, 2013— Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced the acquisition of TT Design Labs, a two-person startup in the smartphone accessories space, focused on human-centric product design.As part of the agreement, Logitech gains ownership of the assets of TT Design Labs, which includes products designed to improve the smartphone experience for people everywhere. The company’s initial product, TidyTilt, was entirely crowd-funded and secured more than 2000% of their funding goal.
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Contacts
Amanda Sanyal, 510-713-5051asanyal@logitech.com
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