Garmin

Garmin Ltd. (shortened to Garmin, stylized as GARMIN, and formerly known as ProNav) is an American multinational technology company founded in 1989 by Gary Burrell and Min Kao in Lenexa, Kansas, United States, with headquarters in Olathe, Kansas.[2][3] Since 2010, the company is incorporated in Schaffhausen, Switzerland.[4]

Garmin Ltd.
TypePublic
Nasdaq: GRMN
S&P 500 Component
IndustryTechnology
FoundedOctober 1989; 31 years ago (1989-10) (as ProNav) in Lenexa, Kansas, United States
FoundersGary Burrell
Min Kao
HeadquartersOlathe, Kansas, U.S (operations), Schaffhausen, Switzerland (legal domicile)
Key people
Cliff Pemble (President & CEO)
Min Kao (Chairman)
Doug Boessen (CFO)
ProductsGPS receivers, avionics, wearable technology
Revenue $4.19 billion (2020)[1]
$1054 million (2020)[1]
$992 million (2020)[1]
Number of employees
16,000 (2020)[1]
SubsidiariesGarmin International Inc., Garmin (Asia) Corporation
Navigon
DeLorme
Navionics
FUSION Entertainment
Dynastream Innovations
Tacx
Websitegarmin.com

The company specializes in GPS technology for automotive, aviation, marine, outdoor, and sport activities.[5] Due to their development in wearable technology, they have also been competing with activity tracker and smartwatch consumer developers such as Fitbit and Apple.[6]