Skip to main content

Garmin Acquires GEOS Worldwide

GEOS operates the “nerve center” for rescue efforts triggered by Garmin’s inReach personal satellite communicators.

GEOS operates the “nerve center” for rescue efforts triggered by Garmin’s inReach personal satellite communicators.

Garmin said in a statement that it acquired “substantially all the assets” of GEOS Worldwide Limited and its subsidiaries, a privately held provider of emergency monitoring and incident response services. Financial terms were not disclosed.

Texas-based GEOS operates the International Emergency Response Coordination Center, the “nerve center” for rescue efforts triggered by Garmin’s inReach personal satellite communicators. The IERCC’s response coordinators have fielded more than 83,000 emergency incidents around the globe since 2007, including more than 5,000 generated by Garmin customers.

“With this acquisition, Garmin is now able to provide even more peace of mind to our inReach users,” Brad Trenkle, vice president of Garmin’s outdoor segment, said in a statement. “The addition of the IERCC to the Garmin family reinforces our commitment to helping our active lifestyle customers make it home safe from their adventures.”

Added GEOS executive chairman Peter Chlubek: “GEOS has enjoyed a strong collaboration with Garmin over the years, and we look forward to continuing to work together to continue to provide best-in-class emergency response and safety services for customers around the globe.”

Related

1_MDI

Marine Development Inc. Changes Hands

Mick Webber, the former president/CEO and owner of HydroHoist, has purchased the company from its founders.

Screen Shot 2022-11-30 at 10.06.58 AM

Yanmar Reports Record First Half

Supported by overseas growth in construction equipment, generators and components, the company announced net sales of approximately $3.5 billion.

1_FWC.DERELICTS

FWC Accepting Vessel Turn-In Applications

The program disposes of unwanted, at-risk vessels before they become derelict at no cost to owners.

1_WAHLSTROM.ACQUISITION

Walstrom Acquires Grand Bay Marine

The transaction expands the company’s footprint in the Great Lakes region and brings the Regal, Starcraft, Godfrey, Bayliner, Robalo and Berkshire brands to Walstrom’s portfolio.

1_ROWE.OBIT

Indmar Co-Founder Dies at 95

A 20-year veteran of the U.S. Marine Corps, Dick Rowe dedicated himself to the recreational boating industry for more than four decades.

1_TRANSHIELD.ACQUISITION

Patrick Completes Transhield Acquisition

Patrick will provide support to the protective covering manufacturer and allow it operate independently in its current facilities.

Norm

Don’t Give Winter Shows a Pass

Local boat shows are one of the most effective ways to expose your dealership to new prospects and fill your sales funnel during the off-season.

1_PULSE.REPORT

DEALERS: Are You in Compliance?

A new FTC Safeguards Rule designed to protect consumers’ personal information goes into effect Dec. 9 — are you prepared?