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Logitech to Sell Harmony Remote Division

January 24, 2013
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Logitech, following a disappointing quarter, plans to sell off its remote control and digital video security divisions, the company's new CEO Bracken Darrell said, according to Engadget.

The company posted a loss of $180 million in the recent quarter, with Harmony sales falling 55 percent based on units.

 

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