 Garmin buys UPS AT...
<joe@obilivan.net> wrote in message news:3F239BA4.B24C184E@obilivan.net...
>
>
> Craig Davidson wrote:
>
> "UPS Aviation Technologies, headquartered in Salem, Ore., designs and
>
> > manufactures multiple lines of communications, navigation and
surveillance
> > products for general aviation and air transport customers. The company
> > employs about 150 people"
> >
> > Garmin buys a company of 150 people and you think they have dominated an
> > entire industry?
>
> The UPS avionics effort was an attempt by the freight-hauling parent to
design
> some of their own avionics for their fleet, then as the thing grew its own
> life, some of them prevailed to make G/A goodies. This likely came to
> interfere with the core business, thus they were more than ready to dump
this
> subsiderary.
Thirty nine million, in the current market, looks like smiling all the way
to the bank to me. |