Monday, June 30, 2014

Garmin® completes acquisition of Fusion® Electronics

Fusion Electronics Logo

June 30, 2014 Garmin Ltd., the global leader in satellite navigation, today announced that it has completed the acquisition of Fusion Electronics Limited and its subsidiaries. 
Based in Auckland, used Zealand, the company will be known as Garmin  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. Fusion offers an innovative range of integrated marine audio products and accessories, many of which are designed for use in a challenging marine environment. Fusion’s flagship head unit, the 700 Series, allows boaters to connect and control their audio through select marine multifunction displays (MFDs), and select multi-zone audio configuration specific to their vessels. 
Financial terms of the acquisition will not be released.

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