Raymarine announced the acquisition of Tacktick from Suunto, a leading manufacturer of sports precision instruments. Tacktick, which was formed in 1996 and is based in Havant, Hampshire, England, develops and makes wireless solar-powered instruments for the marine market. Tacktick equipment complements the Raymarine product range and will eventually be distributed as a product line through…more
Raymarine, a unit of FLIR Systems Inc., is a maker of recreational marine electronics that include marine radar, multifunction displays, fishfinders and autopilots.
Raymarine announced its Gear-Up Sales Event and A-Series Cash Back consumer promotions for the North American market. The promotions offer boaters substantial savings on Raymarine’s best technologies, the company said. Click here for the full release.
Raymarine announced that it will become the exclusive marine electronics supplier to the Independent Boat Builders Inc.’s 21-member network of boat brands. The partnership, which starts March 1, will give IBBI members direct access to Raymarine’s full line of marine electronics. “We are proud to form a partnership with IBBI and we are committed to…more
Raymarine and Navionics announced the availability of the latest version of Navionics Mobile with plotter-sync technology. It enables the wireless exchange of navigation data between Raymarine’s E-Series Widescreen and G-Series navigation displays and devices such as the iPhone, iPod Touch and iPad. Waypoint locations, favorite fishing spots and route plans instantly can be synchronized using…more
Raymarine is offering a new three-year warranty. All new products will be eligible for a three-year warranty at no additional cost. When users register their new products online, the standard two-year warranty is extended free for an additional 12 months. “This new three-year warranty program demonstrates Raymarine’s confidence in the high standards of quality and…more
Raymarine recently introduced its Rapid Care Warranty Service program. Designed to get customers back on the water faster, the program promises the fast return of replacement product during the first year of the product’s warranty, the company said. In the event a Raymarine product requires service during the first year of the standard warranty period,…more
Raymarine announced the renewal of its long-standing Preferred Supplier of Choice agreement with the American Boatbuilders Association. Raymarine has been an ABA Preferred Supplier since 2002, providing members with high-performance multifunction displays, radars, echo sounders, autopilots and VHF radios. “We are proud of our continued successful partnership with ABA and remain committed to delivering the…more
FLIR Systems announced today it has entered into a definitive agreement with the administrator of Raymarine plc to acquire all of the outstanding shares of its wholly owned subsidiary, Raymarine Holdings Limited. The transaction value of approximately $180 million includes repayment of all of Raymarine’s indebtedness and approximately $24 million in proceeds to Raymarine plc,…more
Raymarine issued a statement regarding the appointment of an administrator to Raymarine plc. The statement reads in full: “As announced earlier today, Raymarine’s banking syndicate informed the company late last night that they were not willing to grant a further waiver of its current non-compliance with its covenants. “The company has now received a formal…more
Raymarine announced that the “third party” it was in negotiations with to purchase the company has said it is “no longer willing to proceed with that transaction.” UPDATE: Click here for updated news on the Raymarine proceedings. “It has, however, informed Raymarine’s banking syndicate that if Raymarine were to enter into administration it would be…more