June 21, 2011 at 00:16 AM EDT
(GRMN) Garmin Acquires Navigon
Garmin Ltd (GRMN), one of the leading providers of navigation devices into the outdoor/fitness, aviation, marine and automotive markets recently beefed up its business in Europe. Garmin announced the acquisition of European navigation device provider Navigon AG, 90% of which is owned by private equity firm General Atlantic Partners. Although Garmin did not announce the [...] (GRMN) Garmin Acquires Navigon
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