Computer Hardware Headlines

Logitech says company can grow after COVID-19 boom

Logitech International will grow in a post-coronavirus world, Chief Executive Bracken Darrell said on Tuesday, as the rise in home working and playing during the pandemic pushed the computer peripherals maker to its best-ever quarterly results.

Logitech CEO wants to stay as long as he can at company

Logitech International Chief Executive Bracken Darrell's recent sale of $4.2 million of stock was due to the upcoming expiry of share options and should not be taken as any pessimism about the computer peripherals maker's future, he said on Tuesday.

European shares rise on upbeat earnings reports

European shares rose on Tuesday after Asian markets rallied on optimism about China's economy, while upbeat earnings reports from miner Rio Tinto and computer peripherals maker Logitech boosted sentiment.

China's market regulator approves Cisco buy of Acacia, with some curbs

China's market regulator said on Tuesday it has approved plans for Cisco Systems Inc's . purchase of Acacia Communications Inc, as long as both comply with a set of conditions. (Reporting by Josh Horwitz in Shanghai and Lusha Zhang and Yingzhi Yang in Beijing; Editing by Clarence Fernandez)

Logitech reports 192% jump in quarterly operating income

Logitech International increased its non-GAAP operating income by 192% in the third quarter, the computer peripherals maker said on Tuesday, as the COVID-19 pandemic boosted demand for its home-working products and gaming accessories.

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