Logitech has signed a $3 billion contract with Intel Corp. to make gaming mice and keyboards for use on PCs, tablets and smartphones, according to people familiar with the matter.
The contract includes a range of gaming mouse and keyboard models and will run through 2024, said the people, who were not authorized to speak publicly and asked not to be identified discussing internal Logitech deals.
Logitech will produce gaming mice with an 8-inch touchscreen, 8-foot trackpad and a full-size touch pad, they said.
The deal is the largest in the gaming industry to date, surpassing the $2.3 billion deal Intel signed with Razer earlier this year.
The Logitech deal is subject to regulatory approval and is expected to be finalized by the end of the year, the people said.
The people asked not be identified because the deal is private.
The Logitech contract is for products based on Intel’s X-Series chipsets and includes products based in the US and China, said one of the people.
Logix is based in Switzerland and has an existing agreement with Intel that will be upgraded to a multi-year deal, said another person.
The company has not said when it expects to begin selling the mouse, keyboard and touch pad in the U.S.
The new agreement is likely to fuel renewed speculation about the future of Intel and Logitech.
The two companies have been at odds for years over a range and size of competing products.
In a filing last month, Logitech said that Logitech was negotiating with Intel for an extension of the deal for the next five years, which Intel had initially agreed to last year.
The two companies are also battling for the same $30 billion contract Intel awarded to Lenovo to buy Logitech’s gaming mouse business, which had been due to expire in 2019.
LogiKite is currently Intel’s main gaming mouse competitor.
Intel said in March that it had reached a tentative agreement to purchase Logitech for $2 billion.
The deal was to have included Logitech as a co-founder.
Intel has said it plans to move the company to a new manufacturing facility in the state of Michigan.