During the past three years Logitech has struggled as the PC market collapsed and consumers turned to smartphones and tablets.
Management also struggled to make headway in the audio attach market, now their future is being bolstered by a $34M investment made five years ago in a leading audio Company.
Speaking in Sydney yesterday Dooley said "Since its inception, Ultimate Ears has been driven by innovation, close ties to its customers, and the desire to enable an immersive audio experience. Logitech's success has been built on using a deep understanding of their customers to create products that let people immerse themselves in their pursuits."
He said that the combination of Ultimate Ears expertise and Logitech's distribution and engagement expertise is leading to growth in a market that he tips is set for rapid growth.
"The dock era is over and retailers had a lot of success selling docks, they now recognise that wireless audio and products like the Boom are replacing docks. People are fed up of being tied to an Apple proprietary system".
Ultimate Ears was founded in when Jerry Harvey, Van Halen's primary audio engineer, produced a pair of in-ear monitors for drummer Alex Van Halen and, ultimately, the rest of the band. When the opening act, Skid Row, offered him $3000 for six pairs for their own use, Harvey reckoned he might have a saleable product and founded a company with his then wife, Mindy.