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Logitech Moving Away From Console Peripherals

Disappointing Q3 results the cause.

Following the announcement of its latest financial results this morning, Logitech has revealed that it will be dropping products that do not “fit with [their] current strategic direction”, including console gaming peripherals.

“Continued weakness in the global PC market was the primary faction in our disappointing Q3 results,” said Bracken Darrell, Logitech’s president and CEO on the release of the figures – the company’s main focus is in PC peripherals, including mice, keyboards, webcams etc.

“My goal is to get Logitech back to sustained profitability as quickly as possible,” Bracken continued. “This requires unwavering focus on developing great products both for large and for fast-growing markets, removing unnecessary costs and a commitment to move at least as fast as the markets in which we participate.”

The GT demo pods that often turn up at Sony events are equipped with Logitech kit.
“As a result [of the results], we have initiated the process to divest our remote controls and digital video security categories, and we plan to discontinue other non-strategic products, such as speaker docks and console gaming peripherals, by the end of Calendar Year 2013,” said Darrell in a press release.

On PC, Logitech produces keyboards and mice designed for gaming, including separate function keypads, as well as joysticks, but this business would be seemingly unaffected by the move.

Logitech’s presence on console is significantly smaller, but includes remote controls, gamepads, microphones, headsets, and most prominently, wheel and pedal kits designed for racing titles – including the official Gran Turismo wheel, the Driving Force GT.

Source: Logitech, via IGN

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  1. teflon
    Community Team
    Since: May 2009

    I’d best stock up on replacement mice, then… :(

    Comment posted on 25/01/2013 at 16:46.
    • teflon
      Community Team
      Since: May 2009

      OOoooh, OK, so this was a rather confusing statement, I find.

      They’re still doing PC gaming peripherals, but culling their console efforts. Honestly, aside from racing wheels, I think that kind of makes sense.

      Comment posted on 25/01/2013 at 18:42.
  2. Paranoimia
    Since: Aug 2008

    “Continued weakness in the global PC market was the primary faction in our disappointing Q3 results”

    So we’ll drop everything else and focus on that.

    Mind you, wheels aside, do any significant number of people ever buy anything other than the official controllers for their consoles? I never have, nor has anyone I know.

    Comment posted on 25/01/2013 at 16:48.
  3. Kennykazey
    Since: Mar 2010

    Logitech makes quality hardware accessories at an affordable price, my last three mice have been logitech. It’s sad that they’ll move away from making wheels and pedals for gaming.

    Comment posted on 25/01/2013 at 16:55.
  4. ron_mcphatty
    Since: Sep 2008

    That’s a shame, we’ve got some Logitech iPod speakers in the kitchen and they were a cracking budget buy. The wheels are also awesome quality, maybe they’ll continue to be made seeing as some of them are compatible across the board?

    Comment posted on 25/01/2013 at 17:14.
  5. An-dz
    Since: Oct 2010

    I thought i had never bought anything from them, then look down and see both my mouse and keyboard are both Logitech. I didn’t even know that they did stuff for consoles.

    Comment posted on 25/01/2013 at 22:16.
  6. freezebug2
    Since: Dec 2008

    I always check out Logitech accessories first for any add on console peripherals, very well known for reliability and quality. My PS3 uses a Keyboard, Mouse, Racing Wheel and has used a USB hub all by Logitech. Sad times :(

    Comment posted on 26/01/2013 at 14:06.

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