Garmin Agrees to buy DeLorme
Tim 1480 Points
Now here is some interesting news from Garmin, they are purchasing DeLorme! DeLorme is vey well known for their state Gazetteer (paper) maps, as well as their cartography and GIS software. They also have a good business in the two way satellite messenger (GPS) product category. A traditional handheld GPS line also exists, but has been a stale product category of late.
Press releaseGarmin will retain most of the associates of DeLorme and will continue operations at its existing location in Yarmouth, Maine following the completion of the acquisition. The Yarmouth facility will operate primarily as a research and development facility and will continue to develop two-way satellite communication devices and technologies.