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Article: Garmin Acquires Assets and Technology of Sequoia Instruments.
- Article from:
- PR Newswire
- Article date:
- November 29, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CAYMAN ISLANDS -- Garmin Ltd. announced today that it has acquired the assets of Los Gatos, Calif.-based Sequoia Instruments Inc., a research and development company, in a cash transaction of approximately $5 million. This strategic acquisition is expected to help Garmin significantly in its development of an integrated cockpit system for a wide range of aircraft.
One of Sequoia's chief technologies is GPS-aided Air Data and Attitude Heading and Reference Systems (ADHRS). This technology uses solid-state sensors to provide navigation-critical data such as attitude, heading and rate information for aviation, marine and land applications. Further, Sequoia's ...
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