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Number of employees13,000 ( 2018)Garmin International Inc., Garmin (Asia) CorporationFUSION EntertainmentDynastream InnovationsWebsiteGarmin Ltd. (shortened to Garmin, stylized as GARMIN, and formerly known as ProNav) is an American multinational company founded in 1989 by and in, with headquarters in. Since 2010, the company is incorporated in, Switzerland.The company specializes in technology for, and activities. Due to their development in, they have also been competing with and consumer developers such as. Contents.History Founding and growthIn 1983, recruited from the defense contractor while working for the former.

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They founded Garmin in 1989 in, as 'ProNav'. ProNav's first product was a GPS unit which sold for 2,500. The company was later renamed 'Garmin', a of its two founders, Gary Burrell and Min H. In 1991, the became their first customer.By 1995, Garmin's sales had reached $105 million, and it had achieved a of $23 million.

By 1999, sales had reached $233 million and a profit of $64 million. Garmin reported a 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. Its products were sold in 100 countries and carried by 2,500 independent distributors. As of 22 August 2000, the company held 35 on GPS technology. By the end of June 2000, the company employed 1,205 people: 541 in the, 635 in, and 29 in the. In April 2018, Garmin launched Connect IQ 3.0 along with new apps—MySwim Pro, Trailforks.

In May 2018, Garmin partnered with the to tackle. Public offeringThe company began public trading on on 8 December 2000. At that time Burrell owned 19,911,155 shares. Kao owned 20,352,803 shares. Together their holdings accounted for 45 percent of the company's stock.

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Kao's brother, Ruey-Jeng Kao, an in, owned another 7,984,109 shares, which when combined with Burrell's and Kao's shares constituted 54.22 percent of the shares outstanding. From 2006 to 2015 Garmin operated a retail store on Michigan Ave. In Chicago.In August 2003, Garmin completed acquisition of UPS Aviation Technologies, Inc. Based in, a subsidiary of United Parcel Service, Inc., expanding its product line of panel-mounted units and integrated for private and commercial aircraft. The acquired company changed its name to Garmin AT, Inc. And continued operations as a wholly owned subsidiary of Garmin International, Inc.Garmin has acquired Dynastream Innovations, EME Tec Sat SAS , and Digital Cyclone.

Dynastream, in, produces personal monitoring technology —such as foot pods and heart rate monitors for sports and fitness products—and also ultra-low-power and low-cost wireless connectivity devices for a wide range of applications. EME Tec Sat SAS is the distributor of Garmin's consumer products in France; following the acquisition, EME changed its name to Garmin France SAS. Digital Cyclone Inc (DCI), located in, provides mobile solutions for, and outdoor enthusiasts.

Garmin also bought Nautamatic Marine Systems, an Oregon-based company that makes for. In July 2011, Garmin finished its acquisition of the German company Navigon.In 2006, Garmin introduced a new corporate logo, and opened its first retail store, located on in, Illinois.In 2015, Garmin acquired South Africa's iKubu Ltd. For its Backtracker on-bicycle low power radar system.In 2018, it was reported that the Garmin subsidiary had exposed hundreds of thousands of customer records, when its MongoDB database wasn't secured with a password. Corporate governanceBurrell retired in 2003 as Garmin's and in 2004 retired as chairman of its. He remained chairman until his death in 2019.

Kao became CEO in 2003, and chairman in 2004.In 2005, estimated Kao's at $1.5 billion. He has donated $17.5 million to the University of Tennessee. The same year Forbes estimated Burrell's net worth as $940 million. Cliff Pemble is the current CEO of Garmin. Main article:The Garmin Edge and certain models of Garmin Forerunner are a suite of GPS-enabled devices for use while running or cycling.AvionicsGarmin offers integrated cockpits, panel mount displays, multi-function displays (MFD), transponders, radar and other.Garmin entered this market in 1991 with the GPS-100AVD panel-mounted receiver. Its first portable unit, the GPS-95, was introduced in 1993. In 1994, the GPS-155 panel-mounted unit was the first GPS receiver on the market to receive for.

In 1998, Garmin introduced the GNS-430, an integrated GPS navigation receiver/communications transceiver. In 1998 rolled out its first integrated GPS, COM, VOR, LOC and glideslope product, the GNS 430. More than 125,000 GNS navigators are now installed in aircraft. Garmin reached its one millionth delivery in November 2017.The is an all-glass avionics suite for OEM aircraft, the similar G950 is used in, and the G600 is a.

GWX 68 weather radarGarmin-AT subsidiaryIn 2003, Garmin acquired UPS Aviation Technologies, including that firm's II Morrow Apollo line of aircraft MFD/GPS/NAV/COMM units. II Morrow had been founded in in 1982 as a manufacturer of marine and general aviation products. In 1982 its aircraft navigator 602 LORAN C receiver permitted point to point navigation.

Some examples of its LORAN units are Apollo II 616B Aviation LORAN panel mount (1986), II Morrow Apollo 604 Loran Navigator (1987) and Apollo 820 GPS Flybuddy (1991). In 1986, (UPS) purchased the company to expand the use of electronic technology in the package delivery and tracking business.II Morrow shifted focus from marine business to development of package process automation technology for UPS such as vehicle management systems, automated high speed package sorting systems, as well as delivery and tracking systems. In 1999, II Morrow was renamed to UPS Aviation Technologies, and re-focused towards modernizing UPS' Boeing 7xx series Heavy Iron Transport Category Aircraft fleet, as well they also re-entered the general aviation marketplace. It certified the first Gamma 3 WAAS GPS engine for FAA Certified Precision GPS approaches. The new certified WAAS engine yielded vertical and horizontal accuracy of one meter RMS in guidance into airports without existing ILS approaches. This GPS technology met the FAA's TSO-C146a primary navigation standards for en route, terminal and approach phases of flight—with WAAS augmentation as the sole means of navigation.

This primary GPS 'sole source' navigation capability was integrated into the CNX-80. The CNX-80 WAAS GPS/COM/NAV integrated navigator was the first product in the industry approved for primary GPS navigation. It also enabled LPV 'glidescope' approaches without requiring ground nav aids. New LNAV (GPS) approaches provide the accuracy and safety of an ILS—without the ground-based localizer and glideslope equipment. Later, the CNX-80 was renamed the GNS-480, under Garmin.In 1999: Flight International magazine presented UPS Aviation Technologies with its Aerospace Industry Award for the development of ADS-B, a surveillance technology intended to reduce aviation delays while improving safety.

WristwearGarmin produces activity trackers and sports watches, aimed at activities such as running, watersports, golf, cycling and swimming with sensors such as heart rate and gps. Some recent models add Bluetooth music playback and puls-oximetry.The vivofit and vivosmart ranges are activity trackers. The Garmin Vivofit 3 measures the wearer's duration and quality of sleep, quantifies body movement, records heart rate, counts steps and the number of stairs climbed. Garmin produces the Vivosmart HR. It comes with the touch screen and includes heart rate monitoring, media player controls, smart notifications and phone finder features.The Forerunner series is aimed at running primarily, but the watches are more broadly focussed, especially in the higher end. The 735 XT has multi-sport tracking capabilities (automatically switching betweek sports, for example in a triathlon) and a variety of special profiles for jogging, swimming, cycling, skiing, paddle sports, a variety of weight loss activities, and hiking.

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It comes with built-in heart rate sensor and GPS.The Fenix range, such as the Fenix 5 announced in 2017, is a more rugged, multisport range.The Vivomove is a traditionally-styled watch with activity tracking capabilities. 20 February 2019. Retrieved 8 June 2019. ^ Roberts, Rob (December 2, 2015). Kansas City Business Journal. Retrieved December 3, 2015.

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