The Global Life: Typing On Cloth

Logitech unveils a new fold-up fabric keyboard that it hopes will get you

Two European engineers start a company in Switzerland, take it public, move the headquarters to California and recruit a marketing whiz from APPLE to run it. The company evolves from a humble provider of computer mice to a seller of everything from cordless keyboards to webcams. And then it goes bust, right? That's the way the story is supposed to end in this grim, post-bubble era. But LOGITECH is defying that logic.

Despite the global slump last year, Logitech's profits grew 66%, to $69 million, on revenues of $720 million, in the past three quarters. Meanwhile, Logitech stock recently closed above...

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