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Home > Company Index > Computer Hardware > Computer Peripherals > Labtec Inc.
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Labtec Inc. |
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PROFILE |
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Labtec hears when PCs go bump in the night. The company, formed when privately held Labtec Corporation bought Spacetec IMC in 1999, develops and sells multimedia speakers (more than 40% of sales), PC voice access products, and 3-D motion control devices. Its most high-profile device has been the Spaceball 3-D motion controller used by NASA to pilot the Sojourner robot. Labtec also offers data storage products, including removable and external drive enclosures. Other products include surround-sound satellite speakers, telephone headsets, and voice recognition microphones. Co-chairmen Rodger Krouse and Marc Leder, through Sun Multimedia Partners, together own 48% of Labtec, which is being bought by rival Logitech.
DEALS |
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Deal: Logitech Acquires Labtec
Date Announced: 02.07.01
Value of transaction (US $Mil): 125
Description: Computer peripherals maker buys Vancouver, Wash.-based peer for $125 million in cash-and-stock transaction.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 90.50
1-Yr. Sales Growth: 40.8%
Employees: 140
Revenue per employee: $646,428.57
KEY PEOPLE |
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Robert Wick
CEO
Marc J. Leder
CFO
CONTACT INFO |
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1499 SE Tech Center Place, Ste. 350
Vancouver, WA 98683
US
Phone: 360-896-2000
Fax: 360-896-2020
Online: Web Site
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