Universal Electronics Inc. (UEI) (NASDAQ: UEIC), Logitech International S.A. (SIX: LOGN) (NASDAQ: LOGI), Logitech Europe S.A., and Logitech Inc. today announced that they have settled a patent infringement lawsuit that was pending in the Federal District Court of the Central District of California since 2011. The specific terms of the settlement agreement are confidential.
About Universal Electronics
Founded in 1986, Universal Electronics Inc. (UEI) is the global leader in wireless control technology for the connected home. UEI designs, develops, and delivers innovative solutions that enable consumers to control entertainment devices, digital media, and home systems. The company’s broad portfolio of patented technologies and database of infrared control software have been adopted by many Fortune 500 companies in the consumer electronics, subscription broadcast, and computing industries. UEI sells and licenses wireless control products through distributors and retailers under the One For All® brand name. For additional information, visit our web site at www.uei.com.
About LogitechLogitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech’s combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Safe Harbor Statement Certain matters discussed in this press release may be forward-looking statements that involve a number of risks and uncertainties, including the amount of business that may be generated by UEI resulting from the business relationship discussed herein. The companies undertake no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. Universal Electronics Inc., the UEI logo, and other UEI marks are owned by UEI and may be registered. All other trademarks are the property of their respective owners.
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