Garmin announces signing of agreement to acquire Navigon AG

June 30, 2011

14th June 2011 – The TISA-Member Garmin has announced that it has signed an agreement with the shareholders of Navigon (also TISA-Member) that will allow a Garmin subsidiary to acquire the privately-held navigation provider. Navigon will operate as a subsidiary of Garmin. More information is available in the Garmin press release