News Releases: Corporate

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  • 2/11/16 6:00 am CST
    Corporate

    Innovators in Satellite Communication and Mapping

    SCHAFFHAUSEN, Switzerland & YARMOUTH, Maine--(BUSINESS WIRE)--Garmin Ltd. (NASDAQ: GRMN) today announced that it has entered into an agreement to acquire substantially all of the assets of DeLorme, a privately-held company that designs and markets consumer-based satellite tracking devices with two-way communication and navigational capabilities. The completion of the acquisition, which is subject to customary conditions, is expected to occur within 30 to 60 days. One of the most compellingmore...
  • 1/13/16 6:00 am CST
    Corporate
    SCHAFFHAUSEN, Switzerland & BEND, Ore.--(BUSINESS WIRE)--Garmin Ltd. (NASDAQ: GRMN) today announced that its subsidiary, Garmin International, Inc., has completed its acquisition of PulsedLight, Inc., a privately-held designer of optical distance measurement technology located in Bend, Oregon. The company makes sensor boards that are highly accurate, smaller, and more lightweight, compared to most other optical distance measurement devices. PulsedLight developed and owns the intellectualmore...
  • 1/6/16 1:10 pm CST
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its fourth quarter 2015 earnings conference call that will be broadcast over the Internet on Wednesday, February 17, 2016 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on February 17, 2016. What: Garmin Ltd. Fourth Quarter 2015 Earnings Callmore...
  • 12/2/15 3:49 pm CST
    Corporate
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that the International Trade Commission (ITC) issued a final determination in the investigation brought by Navico Holdings AS against Garmin. The ITC reversed an earlier decision by an administrative law judge and concluded that first generation Garmin DownVüTM scanning sonar products were too similar to at least one patented aspect of Navico DownScan technology.more...
  • 12/1/15 6:01 pm CST
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--The Garmin Ltd. (NASDAQ:GRMN) board of directors has established December 31, 2015 as the payment date for the next dividend installment of $0.51 per share with a record date of December 15, 2015, per the approval previously provided at the 2015 annual shareholders’ meeting. At the 2015 annual meeting Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.04 per share (subject to possiblemore...
  • 11/19/15 6:15 am CST
    Corporate
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that the International Trade Commission (ITC) issued a final determination in the investigation brought by Johnson Outdoors, Inc. against Garmin. The ITC concluded that first generation Garmin SideVüTM scanning sonar products were too similar to some claims of one of the three patents asserted by Johnson Outdoors. The ITC ordered that these Garmin products bemore...
  • 11/2/15 5:00 am CST
    Corporate
    OLATHE, Kan./November 2, 2015 -- Garmin International Inc. today announced its continued global brand partnership with the Wings for Life World Run 2016, a running and wheelchair event to raise awareness and funds to find a cure for spinal cord injury. Garmin will once again make a monetary contribution that will help underwrite the event so that one hundred-percent of the proceeds benefit the race’s mission of research and awareness. As an active lifestyle brand, Garmin is proud to partnermore...
  • 10/28/15 6:00 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the quarter ended September 26, 2015. Summary items for the quarter and recent product announcements include: Total revenue of $680 million in the third quarter of 2015 with fitness, outdoor, aviation and marine delivering 61% of total revenue The relative strength of the US Dollar compared to other major currencies negatively impacted revenue bymore...
  • 10/14/15 7:01 pm CDT
    Corporate
    SCHAFFHAUSEN, SWITZERLAND--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) today announced selected preliminary financial information for its fiscal third quarter which ended September 26, 2015 and updated full year 2015 guidance. The preliminary results of operations for the third quarter of fiscal 2015 and revised 2015 guidance represent the most current information available to management. The Company’s actual results and guidance may differ materially from these preliminarymore...
  • 8/4/15 2:14 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--The Garmin Ltd.(GRMN) board of directors has established September 30, 2015 as the payment date for the next dividend installment of $0.51 per share with a record date of September 15, 2015, per the approval previously provided at the 2015 annual shareholders’ meeting. At the 2015 annual meeting Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.04 per share (subject to possiblemore...
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