M&A Deal Summary |
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Date | 2007-03-28 |
Target | Nautamatic Marine Systems |
Sector | Marine |
Buyer(s) | Garmin |
Deal Type | Add-on Acquisition |
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Category | Company |
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Founded | 1989 |
Sector | Electronics |
Employees | 19,900 |
Revenue | 5.2B USD (2023) |
Garmin and its subsidiaries have designed, manufactured, marketed and sold navigation, communication and information devices and applications since 1989 – most of which are enabled by GPS technology. Garmin’s products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin was founded in 1990 and is based in Schaffhausen, Switzerland.
DEAL STATS | # |
---|---|
Overall | 4 of 26 |
Sector (Marine) | 1 of 1 |
Type (Add-on Acquisition) | 4 of 25 |
State (Oregon) | 1 of 1 |
Country (United States) | 2 of 7 |
Year (2007) | 3 of 7 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-01-05 |
Digital Cyclone
Chanhassen, Minnesota, United States Digital Cyclone Inc. (DCI) is a developer and marketer of location-based services (“LBS”) for wireless devices. Digital Cyclone is a pioneer in the emerging LBS market, offering innovative wireless weather applications for consumers, businesses, outdoor enthusiasts and pilots. |
Buy | $45M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-07-02 |
GPS Gesellschaft für Professionelle Satellitennavigation
Gräfelfing, Germany GPS Gesellschaft fur Professionelle Satellitennavigation GmbH is the exclusive distributor of Garmin's consumer products in Germany. |
Buy | - |