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Stock Market & Financial Investment News

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June 30, 2014
07:01 EDTGRMNGarmin completes acquisition of Fusion Electronics
Garmin announced that it has completed the acquisition of Fusion Electronics and its subsidiaries. Based in Auckland, New Zealand, the new company will be known as Garmin New Zealand, a wholly owned subsidiary of Garmin, and will operate as “Fusion Entertainment.” Substantially, all the Fusion product line will remain available, as will support for the company’s existing products. Fusion Entertainment will continue to support all Fusion-Link partners accordingly. Financial terms of the acquisition will not be released.
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