I just took this off the bird dog site I frequent
MEDIA CONTACT:
Ted Gartner
Garmin International Inc.
Phone | 913/397-8200
E-Mail |
media.relations@Garmin.comGarmin
® Acquires Tri-Tronics® Inc., Leader in Electronic
Dog Training Equipment
Schaffhausen, Switzerland and Tucson, AZ –/June 24, 2011/Business Wire — Garmin Ltd., (NASDAQ:
GRMN), the global leader in satellite navigation, today announced that one of its subsidiaries has signed
an agreement to acquire Tri-Tronics Inc., the leading designer and manufacturer of electronic dog
training equipment. The acquisition will allow the combined company to expand its leadership position in
both the tracking and training of sporting dogs and household pets alike.
“We are delighted to have Tri-Tronics join the Garmin family. Like Garmin, Tri-Tronics is a leading and
respected brand that is committed to designing, manufacturing, and marketing the highest quality, most
rugged, and easiest-to-use devices in the business,” said Cliff Pemble, president and COO of Garmin. “By
integrating the two companies, we believe we can leverage our areas of expertise into products that can
greatly enhance the way that dog owners interact with their canine companions. This acquisition should
demonstrate without a doubt that Garmin is fully committed to developing innovative products for the
canine market.”
“For more than 40 years, Tri-Tronics has been the leading brand of electronic dog training equipment.
Combined with Garmin, we can extend our leadership well into the future,” said Mike Romano, vice
president and general manager of Tri-Tronics. “Our combined team will work together to develop
cutting-edge products that will help dog owners more effectively train their dogs and keep them safer.
Together, we can bring these products to market quicker, with more features, and at a competitive
price.”
Innovation has made both Garmin and Tri-Tronics the choice of elite dog trainers and breeders as well as
amateur hunters and pet owners. Garmin revolutionized the sporting dog market when it entered the
market in 2007 with Astro
®, its highly-successful GPS dog tracking system, which pinpoints the exact
location of a dog for hunters. Earlier this year, Garmin introduced the cellular-based GTU 10 GPS locator
and web-based Garmin Tracker™ service for computers and smartphones.
For more than 40 years, Tri-Tronics has pioneered many innovative and patented features on e-collars
and bark limiters, including innovations in wireless signal transmission, variable stimulation, battery
technology, and numerous features that ensure dogs are safe when trained with an e-collar. This
consistent leadership in the industry has made Tri-Tronics one of the most trusted names in dog training.
Tri-Tronics will operate as a wholly-owned subsidiary of Garmin Ltd. Its existing management team will
be retained and will continue operations at its headquarters in Tucson, Arizona. Financial terms of the
agreement will not be released. The deal is expected to close by June 30, 2011.
About Garmin Ltd.
The global leader in satellite navigation, Garmin Ltd. and its subsidiaries have designed, manufactured, marketed and sold
navigation, communication and information devices and applications since 1989 – most of which are enabled by GPS technology.
Garmin’s products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is
incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For
more information, visit Garmin's virtual pressroom at
www.Garmin.com/newsroom or contact the Media Relations department at
913-397-8200. Garmin and Astro are registered trademarks and Garmin Tracker is a trademark of Garmin Ltd. or its subsidiaries.
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