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delorme

February 15, 2016

Garmin Signs Purchase Agreement to Acquire DeLorme

SCHAFFHAUSEN, Switzerland & YARMOUTH, Maine—Garmin Ltd. (NASDAQ: GRMN) today announced that it has entered into an agreement to acquire substantially all of the assets of DeLorme, a privately-held company that designs and markets consumer-based satellite tracking devices with two-way communication and navigational capabilities. The completion of the acquisition, which is subject to customary conditions, is expected