Garmin Is Buying DeLorme

Garmin has announced that it is buying Maine-based GPS manufacturer DeLorme. “Garmin 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. Financial terms of the purchase agreement and acquisition will not be released.” (Presumably that means that Eartha won’t be moved to Olathe.)

Previously: Big Eartha; DeLorme’s Early History; DeLorme Profiled.