![]() Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. designs and manufactures navigation, communication and information devices - most of which are enabled by GPS technology. Through its operating subsidiaries, Garmin Ltd. ANT was specifically designed to address the need for low-power wireless communications for fitness based devices, but can be used on other applications which demand a robust yet low power wireless interface. Both the foot pod and heart rate sensor utilize the ANT(TM) ultra low power wireless interface protocol invented by Dynastream. In addition, Dynastream manufacturers heart rate sensors which are used by Garmin and other customers. This device offers superior accuracy compared to pedometer based solutions while at the same time offering long battery life. "This move will further our ability to continue to build world-leading technology for all of our customers," said Fyfe.ĭynastream has developed and currently manufactures innovative products such as its patented inertial based foot pod sensor. "We are excited about this acquisition," said Kip Fyfe, CEO of Dynastream. The company will retain its management, R&D, and supporting staff and will continue to be located at its current Canadian headquarters. "Dynastream shares our passion for technology leadership and customer-focused innovation."ĭynastream will operate as an independent subsidiary of Garmin Ltd., retaining its name and managing its own product lines and customer relationships. "Dynastream is known for technology innovations like the ANT wireless interface protocol which can be utilized by a wide variety of Garmin products including those designed for aviation, marine, and outdoor use," said Dr. These products address the needs of a broad spectrum of fitness consumers, from heath and wellness to performance athletes. Dynastream is a leader in the field of personal monitoring technology - such as foot pods and heart rate monitors for sports and fitness products - and is also a leading provider of ultra low power and low cost wireless connectivity solutions for a wide range of applications. earnings in 2007.ĭynastream is located in Cochrane, Alberta, Canada and employs approximately 50 people including over 25 engineers and scientists. The acquisition is expected to be neutral to Garmin Ltd. Dynastream will continue operations as a wholly-owned subsidiary of Garmin Ltd. ("Dynastream") for approximately $36 million in cash. ![]() (NASDAQ:GRMN) announced that it has today acquired Dynastream Innovations Inc. ![]()
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