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Garmin.com Discount Codes & Coupon Codes
Garmin Ltd. is an American technology company based in Schaffhausen, Switzerland. Gary Burrell and Min Kao started the company in 1989 from Lenexa, Kansas. It was formerly known as ProNav. The company dealers in GPS technology development for use in automotive, aviation, marine, outdoor, and sports activities and utilities. Their development in wearable technology has enhanced competition with activity tracker and smartwatch consumer developers such as Fitbit and Apple.
Today, the company has 11,400 associates in 50 offices worldwide.
Their first product was a GPS unit which sold for US$2,500. In 1991, they worked with the U.S. Army. By 1995, the company's sales had reached $105 million, with a profit of $23 million. By 1999, sales had reached $233 million and profit of $64 million. In 2006 total revenue of $1.77 billion, up 73% from $1.03 billion in 2005.
By 2000 Garmin had sold three million GPS devices, and was producing 50 different models. As of August 2000, the company held 35 patents on GPS technology. By the end of June 2000, the company had 1,205 employees: 541 in the United States, 635 in Taiwan, and 29 in the United Kingdom.
In August 2003, Garmin completed the acquisition of UPS Aviation Technologies, Inc. and expanded its product line of panel-mounted GPS/NAV/COMM units and integrated cockpit systems for private and commercial aircraft.
In 2006, Garmin introduced its corporate logo. The company also opened its first retail outlet, which is located on Michigan Avenue in Chicago, Illinois. In 2015, Garmin acquired South Africa's iKubu Ltd. for its Backtracker on-bicycle low power radar system.
The company creates superior products for automotive, aviation, marine, outdoor, and sports that are an important part of our peoples' lives.
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