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Last $14.32 USD
Change Today -0.44 / -2.98%
Volume 1.3M
LOGI On Other Exchanges
As of 8:10 PM 02/9/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Les Châtagnis

Apples, 1143




he ways people communicate and is a solution that offers a connected experience in small to medium size meeting rooms. Lifesize Cloud enables secure, immersive communication between meeting room-based video conferencing systems, software applications on PCs and Mac computers, and mobile applications on IOS and Android smartphones and tablets. It offers a solution for companies looking to deploy business class video conferencing. The Icon Series, which introduces a new, simplified user experience designed to make video communication simple and intuitive so that anyone can use it without training. It is integrated with the Lifesize UVC Platform and its applications to make it easier for users to experience the full power of their platform. The 220 Series provides full HD video quality at the lowest possible bandwidth, allowing data-sharing, supporting dual HD display, full HD camera, and phone or microphone options. These offer multiple models to support customer room configuration needs and multipoint bridging requirements. Sales and Distribution The company primarily sells its peripherals products to a network of distributors and retailers. The company supports these channels with third-party distribution centers located in North America, Europe and the Asia Pacific. The company directly sells peripherals products to distributors and large retailers. Distributors in North America include Ingram Micro; Tech Data Corporation; D&H Distributing; and Synnex Corporation. In Europe, pan-European distributors include Ingram Micro; Tech Data; and Gem Distribution. The company also sells to regional distributors such as Actebis GmbH in Germany; and Copaco Dc B.V. in the Netherlands. In Asia, major distributors include Beijing Digital China Limited in China; Daiwabo in Japan; and the pan-Asian distributor, Ingram Micro. In the year 2015, Ingram Micro Inc. and its affiliated entities together accounted for 14% of the company’s net sales. Seasonality The company’s retail peripherals product sales are typically seasonal. Sales are generally highest during its third quarter (October to December) primarily due to the increased demand for its products during the year-end holiday buying season. The company’s video conferencing product sales experience minor seasonality. Sales are strongest during its third quarter primarily due to expiring budgets in the business community. Sales are generally lower during its fourth quarter ending March 31, as annual business budgets may not be finalized in the first calendar quarter of the year. Business Strategy The company's strategic objectives are to: focus its innovation and go-to-market teams on retail business; continue to optimize profitability of PC peripherals; build new categories that become sustainable growth engines; develop a world-class design company; and deliver operating leverage to improve profitability and to create the capacity to invest in growth. Environmental Regulation Europe: In Europe, the company is subject to the European Union's (EU's) RoHS (Restriction of Use of Certain Hazardous Substances in Electrical and Electronics Equipment) Directive 2011/65/EU, or RoHS 2. The company is also subject to various EOL (End of Life) Stewardship directives, including the EU's WEEE (Waste Electrical and Electronic Equipment) Directive, the EU Packaging Directive and the EU Battery Directive. China: In China, the company is subject to China's law on Management Methods on the Control of Pollution Caused by Electronic Information Products (China RoHS). The United States and Canada: In the U.S., the company is subject to, among other laws, Appliance Efficiency Regulations adopted via the U.S. Energy Independence and Security Act of 2007. The company is also subject to California's Proposition 65. The company is also subject to the requirement as set out by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, specifically Section 1502, which addresses the use of Conflict Minerals in the supply chain. The company has established systems which facilitate its compliance with the sourcing and traceability obligations and the reporting


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