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Tuesday, January 9, 2007

Garmin Acquires Weather Firm

Aviation navigation services company Garmin Ltd. made its second acquisition of the new year by paying $45 million for a weather services provider. Garmin on Monday announced the acquisition of Digital Cyclone, Minnetonka, Minn., a provider of weather services to consumers and pilots. DCI offers the “My-Cast 5” weather alert service for mobile phones through national and regional wireless carriers. Also, DCI offers the “Pilot My-Cast” application for mobile phones, which delivers weather content to aviators. “This acquisition ... expands our capability in the area of wireless application development, marketing and distribution,” said Min Kao, chairman and CEO of Garmin. “DCI’s expertise in real-time weather content delivery will one day benefit products in our aviation, outdoor and marine markets.” Last week, Garmin paid an undisclosed sum for French distributor EME Tec Sat SAS. More 

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