TAG: DeLorme

Garmin to acquire outdoor tracking company DeLorme

February 12, 2016By

Garmin Ltd. has entered into an agreement to acquire substantially all of the assets of DeLorme, a privately held company that designs and markets consumer-based satellite tracking devices with two-way communication and navigational capabilities. The completion of the acquisition, which is subject to customary conditions, is expected to occur within 30 to 60 days. One of the most compelling products... read more