Garmin Ltd. Acquires JL Audio – Speed on the Water
In a recent press release from Garmin Ltd., the Switzerland-based technology brand with principal subsidiaries in the United States, the United Kingdom and Taiwan, the company that has helped revolutionize the aviation, automotive, fitness, marine and outdoor markets announced it has completed the acquisition of JL Audio, a privately-held U.S. company that designs and manufactures audio solutions, including speakers, amplifiers, subwoofers and other components for marine, aftermarket automotive, powersports, home and RV customers.
The highly regarded audio equipment company JL Audio was acquired by Garmin. Photo courtesy Brad DiMaggio/Sunsation Powerboats
“We are thrilled to welcome JL Audio to the Garmin team,” said Cliff Pemble, president and CEO of Garmin, said in the release. “JL Audio has a strong reputation for providing premium audio quality and we are excited to integrate these highly regarded features into the Garmin ecosystem. Together, we look forward to providing a best-in-class audio experience for new and existing customers around the world.”
According to the announcement, JL Audio will continue operations at its current headquarters in Miramar, Fla., and in its facilities in Portland, Ore., and Phoenix, Ariz. The company employs more than 600 associates who will become part of the global Garmin team.
The JL Audio brand name is going to be retained, the release stated, and its products will be integrated into Garmin’s marine segment. Financial terms of the transaction were not disclosed.
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