Garmin acquires digital navigation chart specialist Navionics

Europe
27th October 2017

Garmin acquires digital navigation chart specialist Navionics

Company: Garmin, Navionics

Marine electronics manufacturer Garmin has acquired the Italian-based developer of digital navigational charts Navionics adding to its existing marine software portfolio.

Navionics is a provider of electronic navigational charts and mobile applications for the marine industry. Founded in 1984, Navionics employs 350 staff worldwide and is known for its library of digital marine charts, developed by utilising remote surveying techniques such as satellite imagery and airborne laser scanners.

Helly Hansen

The charts are used with many of the leading electronics brands in the market including Navico, Raymarine and Humminbird, either bundled with specific products or sold as an optional extra. Navionics also offers a subscription-based navigational app ‘Boating’ which has more than 1 million downloads and is claimed to be the world’s leading boating app.

Navionics is a privately-owned company based in Viareggio, Italy, with offices around the world.

Garmin has acquired Navionics for an undisclosed sum. Financial details and terms of the transaction were not revealed however Garmin says it will retain all of Navionics’ 350 strong workforce.

Comments

No comment yet.

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisment
Advertise with M&M