UPSAT buy yet another coup for nimble Garmin
It’s a David-and-Goliath story, but lately it has been getting tougher to tell just who’s the Goliath.
On the one hand Garmin’s proposed buyout
On the one hand Garmin’s proposed buyout
It’s a David-and-Goliath story, but lately it has been getting tougher to tell just who’s the Goliath.
On the one hand Garmin’s proposed buyout of UPS Aviation Technologies (UPSAT) for $38 million, announced on the eve of last month’s Oshkosh airshow, is a familiar story, one steeped in the history of industry consolidation and simple economics. But in another sense this marriage marks one of the most visible signs to date of the intense behind-the-scenes efforts by Garmin to gain serious ground on its larger, ensconced competitors. Whatever your take, one thing at least is certain: nobody still calls Garmin the little startup that could.
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