Electronics companies merge
Navico and C-MAP are to merge.
The merger of the marine electronics manufacturer and supplier of digital navigation products to the recreational and commercial marine market is effective immediately with C-MAP becoming another brand in the Navico portfolio alongside Lowrance, Simrad and B&G.
The merger will accelerate the companies’ shared ambition to create the world’s biggest digital marine ecosystem.
“This merger is an incredible opportunity to drive innovation in the marine industry and lead a new digital era,” said Leif Ottosson, CEO, Navico Group. “We see huge potential to bring our two teams together and accelerate growth.”
Sean Fernback, former CEO of C-MAP and now Navico Group CTO and corporate executive member, added: “We’re incredibly excited to join forces with Navico.
“We now have an opportunity to create a seamless experience by developing an ecosystem that combines the best hardware, software, services and applications.”
Latest Press Releases
Leaders in waterproof bags and cases, OverBoard, prove that functionality doesn’t have to be boring ... Read more
Luxury British motor yacht manufacturer, Fairline Yachts, was announced as the winner of a highly pr... Read more
Entertainment Leader Launches Industry’s First Wi-Fi Audio Streaming for Apple Devices Empowering Cu... Read more
Specialist marine and maritime recruitment company, Marine Resources, announces 2018 as its best yea... Read more