Garmin Ltd. said today that it acquired Active Corp., the developer of crowdsourcing boating platform ActiveCaptain.
Garmin Ltd. is a group of companies that designs, manufactures, markets and sells navigation, communication and information devices and applications, most of which are enabled by GPS technology.
Garmin International today announced the Quatix 5, its next-generation marine GPS smartwatch, which the company said is designed for life on the water.
Garmin Ltd. said today that it had first-quarter revenue of $639 million, up 2 percent from the prior year, with marine, outdoor, aviation and fitness collectively growing 12 percent and contributing 75 percent of total revenue.
Garmin reported strong fourth-quarter and 2016 results as sales and profits rose from year-earlier figures.
Garmin said it grew revenue 6 percent in the third quarter to $722 million with fitness, outdoor, marine and aviation collectively growing 24 percent from the prior year’s quarter and contributing 70 percent of total revenue.
Garmin International announced the GPSMAP 276Cx, an upgraded reinvention of the 276C chart plotter.
Garmin International Inc. said today that it was breaking ground on a $200 million facility expansion at its Olathe, Kan., campus.
Garmin Ltd. today reported second-quarter revenue of $812 million, growing 5 percent from the prior year, with fitness, outdoor, marine and aviation collectively growing 20 percent from the year-earlier quarter and contributing 70 percent of total revenue.
Garmin said today that it saw revenue grow 7 percent in the first quarter to $624 million as outdoor, fitness, aviation and marine collectively grew 17 percent from the year-earlier quarter and contributed 69 percent of total revenue.
Electronics continue to stand out as a hotbed of innovation and advancement for the marine industry, with the four heavyweights pushing ahead with advances in radar, sonar and chartplotting devices.