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Garmin takes over marine audio company Fusion

by GPS4US 2014-05-29 11:41

Earlier this month, GPS giant Garmin reached an agreement to acquire Fusion Electronics LTD, and its
subsidiaries.

Fusion is a New Zealand-based company that provides integrated marine audio equipment. It’s audio
products are specially designed to pick up sound in challenging marine environments. All Fusion
products will still be available, as Garmin New Zealand LTD moves into Fusions facilities in Aukland,
and takeson the name “Fusion Entertainment.”

“Fusion has pioneered a number of innovations in marine audio. Their ability to integrate their
products with networked marine multifunction displays has been recognized across the industry,” said
Cliff Pemble, Garmin’s president and CEO. “Like Garmin, Fusion is known for reliability, connectivity,
and integrated functionality, and we look forward to completing the acquisition and having them as part
of our team.”

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.

“I have long admired Garmin as an innovator and a leader in virtually every market it serves,” said Sir
Peter Maire, chairman of Fusion Electronics. “This combination will allow Fusion to expand its
capabilities and integration into the marine entertainment market to make an even greater impact in the
boating industry.”

Terms of the deal were not disclosed. The deal is expected to take effect on June 30.

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