Garmin wraps up acquisition of Navigon
It's official: Garmin now owns Navigon AG. You'll likely recognize Garmin as the manufacturer of the Nuvi and Zumi lines of portable navigation devices and Navigon as the creator of navigation apps for iOS and Android. Garmin announced that it had signed an agreement to purchase Navigon back in mid-June and today announced that the acquisition has been completed for an undisclosed amount.
In absorbing Navigon, Garmin stated that it was "also acquiring one of the top-selling navigation applications for the iPhone and Android platforms." This is important because the portable navigation devices have been losing … Read more