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 headquarters in Olathe, Kansas.[2][3] Since 2010, the company is legally incorporated in Schaffhausen, Switzerland.[4]

Quick facts: Type, Traded as, ISIN, Industry, Founded...
Garmin Ltd.
TypePublic company
FoundedOctober 1989; 33 years ago (1989-10) (as ProNav) in Lenexa, Kansas, U.S.
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
(see list of products)
Revenue US$4.98 billion (2021)[1]
US$1.22 billion (2021)[1]
US$1.082 billion (2021)[1]
Number of employees
18,700 (2021)[1]
SubsidiariesGarmin International Inc., Garmin (Asia) Corporation
FUSION Entertainment
Dynastream Innovations

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]

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