Moderated Discussion Areas
  ContinuousWave: Small Boat Electrical
  Raymarine-Garmin Deal Off

Post New Topic  Post Reply
search | FAQ | profile | register | author help

Author Topic:   Raymarine-Garmin Deal Off
David Pendleton posted 12-18-2009 04:42 PM ET (US)   Profile for David Pendleton   Send Email to David Pendleton  
I'm hoping [the announcement from Raymarine that talks with Garmin about aquisition of Raymarine have ended] is a good thing. I wasn't too thrilled with a Garmin deal.

jimh posted 12-18-2009 08:59 PM ET (US)     Profile for jimh  Send Email to jimh     
The future of Raymarine as a marine electronics manufacturer does seem to be a bit in doubt due to their financial situation. The value of their stock has declined 95-percent from its peak. However, their marine electronic products are generally excellent and are considered top-rate.
jimh posted 12-20-2009 10:16 AM ET (US)     Profile for jimh  Send Email to jimh     
Although Raymarine has said the deal is off with Garmin, it sounds like there maybe another interested buyer. See:

Peter posted 12-21-2009 07:17 PM ET (US)     Profile for Peter  Send Email to Peter     
The latest article doesn't really say much. My reading of these "tea leaves" is that the future for Raymarine looks pretty bleak.

Post New Topic  Post Reply
Hop to:

Contact Us | RETURN to ContinuousWave Top Page

Powered by: Ultimate Bulletin Board, Freeware Version 2000
Purchase our Licensed Version- which adds many more features!
© Infopop Corporation (formerly Madrona Park, Inc.), 1998 - 2000.