ASBIS strengthens its Logitech business
ASBIS expanded its distribution of Logitech products by nine countries in Eastern Europe, Asia and Caucasus
May 29, 2015, Limassol (Cyprus) – ASBISC Enterprises PLC (WSE: ASB), an expert in the distribution of Information and Communications Technology products and solutions in EMEA emerging markets, has signed an additional agreement with Logitech International (SIX:LOGN) (Nasdaq:LOGI), a global provider of personal computer and tablets accessories, on the considerable extension of distribution territory.
Due to the new amendment, ASBIS is authorized to supply Logitech personal peripherals to its partners in Belarus, Moldova, Azerbaijan, Armenia, Georgia, Turkmenistan, Tajikistan, Kyrgyzstan, and Uzbekistan.
ASBIS and Logitech signed the basic contract in 2014. In April 2015, the cooperation between the two companies was expanded to ten regions. With the recent additional agreement ASBIS delivers the complete range of Logitech’s products across nineteen countries including Belarus, Moldova, Azerbaijan, Armenia, Georgia, Turkmenistan, Tajikistan, Kyrgyzstan, Uzbekistan, Bulgaria, Romania, Croatia, Slovenia, Bosnia and Herzegovina, Serbia, Cyprus, Czech Republic, Slovakia, and Hungary.
Logitech is among the leaders within the global market of personal computer accessories. The company started in 1981 with mice, which (new at the time) provided a more intuitive way of interacting with a personal computer. Logitech’s leadership in innovation now encompasses a wide variety of personal peripherals (both cordless and corded), with special emphasis on products for PC navigation, gaming, Internet communications, digital music and home-entertainment control. Its product lines include keyboards, mice, microphones, speakers, headsets, game controllers and webcams. The company has also entered the tablets accessories market with keyboards, cases and covers.
About ASBIS
ASBISc Enterprises PLC (WSE: ASB) is based in Cyprus and specializes in the distribution of Information and Communications Technology products and solutions from global suppliers including Samsung, Apple, Microsoft, Intel, AMD, Seagate, WD, Toshiba, Dell, Acer, Lenovo. The company has its own subsidiaries all over the region of EMEA, more than 1,400 employees and 32,000 active customers in over 75 countries around the globe, and its revenue reached US$ 1,55 billion in 2014. For more information, visit the company's website at www.asbis.com.
About Logitech
Logitech 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).
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