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Monday, June 30, 2014
Garmin® Completes Acquisition of Fusion® Electronics » Garmin News Releases
Schaffhausen, Switzerland and Auckland, New Zealand/June 30, 2014/Business Wire — Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced that it has completed the acquisition of Fusion Electronics Limited and its subsidiaries.
Based in Auckland, New Zealand, the new company will be known as Garmin New Zealand Limited, a wholly owned subsidiary of Garmin Ltd., and will operate as “Fusion Entertainment.” Substantially, all the Fusion product line will remain available, as will support for the company’s existing products. Fusion Entertainment will continue to support all Fusion-Link™ partners accordingly.