New York-listed Garmin is mystery bidder for Raymarine

[marinedtcomRob]

Thought you all might want to see this... Personally, I'm less than thrilled. It means less competition in the marine electronics space from the manufacturer / supplier side, and if Garmin succeeds it matches a heavy handed marketing consumer products company with what has been a first class producer of real marine grade electronics. (full disclosure - I own some Raymarine shares "RYMRF" ). Read more (Telegraph.co.uk)

Raymarine, the London-listed supplier of electrical products to leisure boats, is thought to have attracted a takeover approach from Garmin, the $10bn mobile navigation device company, in a deal that could be worth as much as £200m.
Sources close to the deal said that Raymarine would be an ideal fit for Garmin, which is listed on Nasdaq, the technology-heavy New York-based exchange.
A number of private equity companies are also thought to be eyeing Raymarine. (full article)

[sailingdog]

Rob-

Just FYI, this was already posted a day or so ago.

[Sapperwhite]

Originally Posted by sailingdog

Rob-

Just FYI, this was already posted a day or so ago.

Which thread? I missed it, or it was entitled something sailnetty like "OH NO", or "you gotta see this " or maybe "Wassssup!!"

[KeelHaulin]

If you can't beat your competition; buy'em

My biggest concern is about the support for legacy Raymarine products via Garmin. I don't think Garmin is a bad company per-se to take over Raymarine; it started by producing military-grade GPS units IIRC. They are a diverse company and the non-marine consumer sector is the "high profile" sector.

The other thread is here:

http://www.sailnet.com/forums/genera...raymarine.html

[T37SOLARE]

Thanks for posting it as I missed the other thread as well.

[Sapperwhite]

Well thats more straight forward than I thought it'd be.

[brak]

Well, if this will add compatibility among devices (such that Garmin would support Seatalk directly) - that would be great. Somehow I doubt it though.

[Pamlicotraveler]

So now maybe I won't have to buy a Colorado handheld (Garmin) just to get the charts that come included with it but that would cost near $400 to buy on a micro SD card for my 76csx (Garmin) - all of which I already have on an NT+ card for my Raymarine c70...oh nevermind.

I'm just tired of paying for the same data several times.

[Sapperwhite]

Originally Posted by Pamlicotraveler

So now maybe I won't have to buy a Colorado handheld (Garmin) just to get the charts that come included with it but that would cost near $400 to buy on a micro SD card for my 76csx (Garmin) - all of which I already have on an NT+ card for my Raymarine c70...oh nevermind.

I'm just tired of paying for the same data several times.

Get the universal adapter silly

[T37SOLARE]

Originally Posted by Pamlicotraveler

I'm just tired of paying for the same data several times.

I'm PO'ed at the fact I can't get a plotter to use the data I've already paid for with my taxes.

When is someone going to start utilizing the NOAA vector & raster chart data on a plotter?