Garmin is just about to wrap up the purchase of DeLorme, makers of inReach a two-way satellite communication device. DeLorme has an extensive library of digital cartography and enterprise GIS software, as well as traditional mapping which Garmin is looking to use to enhance the their own lineup of products.
“We are pleased to have the DeLorme team join the Garmin family,” said Cliff Pemble, president and CEO of Garmin. “We are looking forward to leveraging the outstanding expertise and skills of the DeLorme team to enable the development of innovative products that will enhance the lives of our customers.”
Garmin will retain most of the DeLorme associates and will continue operations at its existing location in Yarmouth, Maine. The facility will operate primarily as a research and development office and the team will continue to develop two-way satellite communication and cartographic solutions. Financial terms of the transaction were not released.
One interesting tidbit was what DeLorme has been working on lately...
We’ve had so much interest in being able to transmit photos with the inReach,” DeLorme VP of marketing Kim Stiver explained. “We’ve been able to transmit photos, we’ve tested it, but we haven’t been able to reach the speed or the quality that consumers will appreciate. It is of great interest and the market is asking for it, I can confirm that. But we’re just starting those conversations about the future with Garmin.”