Garmin Acquires AeroData

Garmin

Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), acquired AeroData, Inc., a Scottsdale, Arizona-based provider of aircraft performance software and services tailored to commercial and business aviation.

The amount of the deal was not disclosed.

In addition to broadening Garmin’s presence in commercial aviation, AeroData’s extensive load planning, performance, and flight path analysis expertise enhances and expands its digital services portfolio.

Led by Terry McDonough, AeroData, president, AeroData has a portfolio that includes products such as runway analysis, takeoff and en route performance, weight and balance, automated passenger and cargo load planning, global airport obstacle database, around-the-clock NOTAM monitoring, and other customized software solutions.

AeroData serves more than 135 airlines worldwide including Airbus, ATR, Boeing, Bombardier and Embraer with continued expansion underway. The company will continue to operate from that location under the AeroData brand.

Garmin’s aviation business segment is a provider of solutions to OEM, aftermarket, military and government customers. Its portfolio includes navigation, communication, flight control, hazard avoidance, an expansive suite of ADS-B solutions and other products and services.

Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark of Garmin Ltd. or its subsidiaries.

FinSMEs

27/06/2021