Please select your home edition
Edition
Allen Brothers

Garmin signs purchase agreement to acquire JL Audio, a highly regarded audio solutions manufacturer

by Garmin 8 Aug 2023 09:20 PDT
JL Audio Mediamaster® 105 © JL Audio Marine

Garmin Ltd. (NYSE: GRMN), today announced it has entered into a definitive agreement to acquire JL Audio, a privately-held U.S. company that designs and manufactures audio solutions for marine, aftermarket automotive, powersports, home and RV customers.

"JL Audio's extensive audio experience will create new opportunities to provide premium audio features across a broad range of our markets and products. The JL Audio brand is known around the world for offering a premium audio experience which is made possible by their talented and dedicated associates. We look forward to welcoming the JL Audio team into the Garmin family." -Cliff Pemble, Garmin President and CEO

With over four decades of experience, JL Audio offers premium audio products and accessories, including speakers, amplifiers, subwoofers and other audio components.

"JL Audio shares Garmin's vision to deliver unique technology solutions, supported by meaningful R&D and engineering. We are thrilled at the opportunity to integrate into Garmin's product ecosystem. JL Audio will contribute audio knowledge and engineering expertise to create great audio products for many years to come." -Lucio Proni, JL Audio Founder and CEO

JL Audio is headquartered in Miramar, Florida, and employs more than 600 associates. The completion of this acquisition is expected to occur by the end of 2023 and is subject to customary regulatory approvals and closing conditions. All existing JL Audio products will continue to be supported post- closing, and customers can expect to continue receiving the same great customer service. Financial terms of the acquisition will not be disclosed.

Engineered on the inside for life on the outside, Garmin products have revolutionised the aviation, automotive, fitness, marine and outdoor markets. Dedicated to helping people make the most of the time they spend pursuing their passions, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday.

Related Articles

Garmin introduces premium quatix 7 Pro
Its next-gen high-performance smartwatch optimised for marine life Garmin (NYSE: GRMN), the world's most innovative and recognised marine electronics manufacturer, today announced the quatixâ 7 Pro – its next-gen high-performance smartwatch optimised for marine life. Posted on 16 Nov 2023
Garmin introduces next-gen ECHOMAP Ultra 2 series
New chartplotters offer premium sonar and mapping, wireless networking and more Garmin (NYSE: GRMN), the world's most innovative and recognised marine electronics manufacturer, today announced the ECHOMAP™ Ultra 2 chartplotter series designed with advanced features for inland and nearshore anglers. Posted on 24 Oct 2023
Garmin named 2023 Manufacturer of the Year
By the National Marine Electronics Association Garmin (NYSE: GRMN) has been named Manufacturer of the Year in the large manufacturer category for the ninth consecutive year by members of the National Marine Electronics Association (NMEA®) at its annual conference and awards banquet Posted on 4 Oct 2023
Garmin introduces the GPSMAP 9000 series
Flagship MFD series delivers superior design and performance, plus enhanced connectivity and speed Garmin (NYSE: GRMN), the world's most innovative and recognised marine electronics manufacturer, today unveiled its flagship GPSMAP® 9000 chartplotter series designed for captains who demand the best. Posted on 12 Sep 2023
Garmin unveils Force Kraken
Expanding award-winning trolling motor series to wider range of boats Garmin (NYSE: GRMN), the world's most innovative and recognised marine electronics manufacturer, today announced Force® Kraken, the most powerful trolling motor1 the recreational fishing market has ever seen. Posted on 29 Jun 2023
GMR xHD3 series open-array radars unveiled
Garmin's xHD3 series incorporates scan averaging that helps filter out sea clutter Garmin today announced the GMR™ xHD3 series open-array radars that combine high-definition imaging with the latest platform technology to deliver new levels of confidence, clarity and performance to cruisers and anglers alike. Posted on 27 Jun 2023
Garmin announce Navionics Vision+
Now available with 120% more relief shading coverage to deliver intricate and clear bottom structure Garmin announced expanded and enhanced high-resolution relief shading coverage to its Garmin Navionics Vision+™ premium marine cartography. Posted on 14 Apr 2023
Garmin inReach aids in 10,000 incidents
Thanks to two-way communication and SOS functionality Garmin® International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), supported the milestone of 10,000 SOS incidents with an inReach® device. Posted on 26 Oct 2022
Garmin launches inReach Mini 2 Marine Bundle
Compact GPS satellite communicator features advanced messaging, tracking and safety capabilities Garmin International announced the inReach® Mini 2 Marine Bundle, a satellite communication device with two-way messaging and SOS capabilities bundled with a boat-friendly mount that provides quick-and-easy access in a moment's notice. Posted on 22 Sep 2022
Garmin launches revolutionary LiveScope XR System
New transducer offers live sonar ranges up to 500' in freshwater and up to 350' in saltwater Garmin International, Inc. unveiled LiveScope™ XR , the latest addition to its award-winning live-scanning sonar lineup, now with an extended range for deeper and open waters. Posted on 13 Jul 2022
Cyclops Marine 2023 November - FOOTERRS Sailing 2021 - FOOTERSelden 2020 - FOOTER