Formerly | ProNav (1989-1990) |
---|---|
Company type | Public |
ISIN | CH0114405324 |
Industry | Technology Consumer electronics Software services Online services |
Founded | October 1989Lenexa, Kansas, U.S. | (as ProNav) in
Founders | |
Headquarters |
|
Area served | Worldwide |
Key people | Cliff Pemble (President & CEO) Min Kao (Chairman) Doug Boessen (CFO) Josh Maxfield (VP, General Counsel) Patrick Desbois (Co-COO) Brad Trenkle (Co-COO) |
Products | GNSS receivers, avionics, wearable technology |
Revenue | US$5.23 billion (2023) |
US$1.09 billion (2023) | |
US$1.29 billion (2023) | |
Total assets | US$8.60 billion (2023) |
Total equity | US$7.01 billion (2023) |
Number of employees | c. 20,000 (2024) |
Website | garmin |
Footnotes / references [1] [2] |
Garmin Ltd. (shortened to Garmin, stylized as GARMIN, and formerly known as ProNav) is an American, Swiss-domiciled multinational technology company founded in 1989 by Gary Burrell and Min Kao in Lenexa, Kansas, United States, with operational headquarters in Olathe, Kansas.[3][4] Since 2010, the company is legally incorporated in Schaffhausen, Switzerland.[5]
The company specializes in GNSS technology for automotive, aviation, marine, outdoor, and sport activities.[6] Due to their development in wearable technology, they have also been competing with activity tracker and smartwatch consumer developers such as Fitbit and Apple.[7]
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