Garmin said in a statement that it acquired “substantially all the assets” of GEOS Worldwide Limited and its subsidiaries, a privately held provider of emergency monitoring and incident response services. Financial terms were not disclosed.
Texas-based GEOS operates the International Emergency Response Coordination Center, the “nerve center” for rescue efforts triggered by Garmin’s inReach personal satellite communicators. The IERCC’s response coordinators have fielded more than 83,000 emergency incidents around the globe since 2007, including more than 5,000 generated by Garmin customers.
To read the full story from Reagan Haynes in Trade Only Today, click here.
