Media Release:

Acquisition Empowers Streamers and Creators; Enhances Logitech Software Roadmap

Logitech International (SIX: LOGN) (Nasdaq: LOGI) announced that it has acquired Loupedeck, a Helsinki-based creator of custom consoles and software designed to make the creative process faster and more intuitive for streamers, creators and gamers.

“Empowering streamers, creators and gamers is a joint passion of Loupedeck and Logitech. Together we are focused on removing all barriers so they can create, edit and stream without limits,” said Ujesh Desai, general manager of Logitech G. “This acquisition augments Logitech’s product portfolio today and accelerates our software ambitions of enabling keyboards, mice and more to become smarter and contextually aware, creating a better experience for audiences across Logitech.”

The addition of Loupedeck further enhances Logitech’s ability to deliver a premium experience and content creation applications for all types of creators, including gamers, livestreamers and other creative professionals. Logitech and Loupedeck will be in the position to provide a more seamless experience for creators from onboarding to everyday use with presets available out of the box and tighter coupling between the Loupedeck devices and the Streamlabs popular suite of applications and services.

The companies’ complementary expertise and ability to develop products that tightly couple hardware and software will further enhance Logitech’s ability to provide customisable and contextual control experiences for Logitech’s full portfolio of devices. Additionally, Loupedeck has a strong and growing developer community that Logitech intends to embrace and support to unlock further innovation.

“Loupedeck and Logitech share a commitment to creators and streamers and believe that creativity has no boundaries. Joining Logitech allows us to elevate what we are doing to the next level and exponentially broaden our audience and our impact to the creative process,”said Mikko Kesti, Loupedeck chief executive officer.

Loupedeck will continue supporting its customers and partners and will operate as usual for the foreseeable future. The Loupedeck acquisition was made for an undisclosed, non-material amount.