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Logitech’s adventure with Google turned out badly for the company after the death of Google TV.
DigiTimes, the leading industry website, reports that Gigabyte, the company charged with building the Google TV units for Logitech, has been instructed to stop production of them.
Investors flushed Logitech’s shares down the toilet on the news on one of the highest volumes in its history. Influential investment banker BNP Paribas (EPA: BNP) downgraded shares of Logitech from an “outperform” rating to a “neutral” rating.
Logitech went into the adventure thinking it would end up a world leader in digital television not the butt of jokes in the television industry.
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[...] This post was mentioned on Twitter by Posts Google. Posts Google said: Google TV Death Ends Badly For Logitech: By Daya Baran at December 28, 2010 942570http://www.webguild.org/201012… http://bit.ly/hViqUH [...]
Pingback by Tweets that mention Google TV Death Ends Badly For Logitech -- Topsy.com — December 28, 2010 @ 7:40 PM
Again , a broad mis-characterization of the state of GoogleTV. Big difference between "revamp" and "death". The WebGuild publishing criteria appears to be "publish mistakes" then "reference those mistakes as truth"…
Comment by Jay Diamond — December 30, 2010 @ 11:57 AM
You must be one of the idiots working on Google TV. Keep dreaming.
Comment by Tony — December 30, 2010 @ 12:05 PM
Google tv is dead. Just accept it. Don’t shoot the messenger.
Comment by p roshen — December 30, 2010 @ 12:42 PM
Hey Daya, Why are you being mean, because it was bad for Logitech, Especially the egg on the phones – remove it and just write what happened thats all. Hope you take this constructively.
Comment by Your Friend — January 1, 2011 @ 9:00 PM
Agreed. As a DISH employee I use the Logitech Revue with Google TV and couldn’t be happier. The interface is simple, the set up was a snap, and the integration is seamless. Not sure where others are having problems, but I certainly haven't had any.
Comment by Elias — January 4, 2011 @ 10:52 AM