Thursday, 6 June 2013

Logitech acquires creators of TidyTilt Kickstarter project that raised over $200k

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Logitech today announced that it acquired smartphone accessory startup TT Design Labs, a company that first received media attention for its ‘TidyTilt’ magnetic earbud holder and kickstand that raised over $200,000 through a Kickstarter campaign.

Perhaps the most interesting aspect of this deal is the fact that Logitech is keeping an eye on innovation that’s happening in the Kickstarter and crowd-funding space. Not only did Logitech tell us that it’s “excited to tap into this pool of innovation and talent” in the crowd-sourced funding area, it wouldn’t rule out the possibility of going the crowd-funding route for introducing its own future products.

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