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]
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| Type | Public company |
|---|---|
| ISIN | CH0114405324 |
| Industry | Technology |
| Founded | October 1989 (as ProNav) in Lenexa, Kansas, U.S. |
| Founders | Gary Burrell Min Kao |
| Headquarters | Olathe, Kansas, U.S (operations), Schaffhausen, Switzerland (legal domicile) |
Key people | Cliff Pemble (President & CEO) Min Kao (Chairman) Doug Boessen (CFO) |
| Products | GPS 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] |
| Subsidiaries | Garmin International Inc., Garmin (Asia) Corporation Navigon DeLorme Navionics FUSION Entertainment Dynastream Innovations Tacx |
| Website | garmin |
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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