America News: Garmin acquires Digital Cyclone for $45m

America News: Garmin acquires Digital Cyclone for $45m

Garmin has acquired location based services provider Digital Cyclone Inc (DCI) for $45 million in cash.

Minnesota-based DCI offers its My-Cast 5 (weather reports and alerts) application for mobile phones through major national and regional wireless carriers, and Pilot My-Cast, which is a similar application specifically for aviators.

According to Garmin’s chairman & CEO Dr Min Kao, the acquisition broadens Garmin’s LBS product offerings and expands the company’s capability in the area of wireless application development, marketing, and distribution.

DCI will operate as a subsidiary of Garmin, and will remain at its current Minnesota HQ and retain its management, R&D, and supporting staff.


Leave a comment

Your email address will not be published. Required fields are marked *