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Logitech Announces Equity Investment in Anoto Group AB
Jun 30, 2003
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Logitech International and Anoto Group AB today announced that Logitech has agreed to make a U.S. $15 million equity investment in Anoto Group for approximately 10 percent of the company, subject to the approval of Anoto shareholders. According to the companies, the investment more firmly establishes their strategic relationship formed for business and technology development of the Logitech(R) io(TM) Digital Pen and the digital pen & paper platform. It was also announced that David Henry, senior vice president for Logitech, will join the Anoto Group board of directors, subject to Anoto shareholder approval.

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