Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 20-08-2009, 03:14   #1
Moderator Emeritus
 
GordMay's Avatar

Join Date: Mar 2003
Location: Thunder Bay, Ontario - 48-29N x 89-20W
Boat: (Cruiser Living On Dirt)
Posts: 31,579
Images: 240
Garmin + Raymarine?

Raymarine confirms sale talks with Garmin

Raymarine issued a brief statement, on August 17/09, confirming that it is in preliminary discussions with mobile navigation giant Garmin and other parties concerning the possible sale of the British-based marine electronics manufacturer.

"The board of Raymarine notes the recent press speculation regarding potential discussions with Garmin Ltd and reconfirms that it is in preliminary discussions with a number of parties, including Garmin, which may or may not lead to a sale of the company.

"The company continues to explore a sale of the business or an equity fundraising and, in the absence of either of these, to secure additional medium term debt facilities with its banking syndicate.

"The board notes that, at this stage, there can be no certainty that an offer will be made nor as to the terms on which any offer might be made. At present, it is not known whether any offer will provide any value for ordinary shareholders."


More: ➥ UPDATE 3-Garmin in talks to buy Britain's Raymarine | Deals | Mergers & Acquisitions | Reuters

And: ➥
Garmin says any Raymarine bid will be in cash | Deals | Reuters
__________________
Gord May
"If you didn't have the time or money to do it right in the first place, when will you get the time/$ to fix it?"



GordMay is offline   Reply With Quote
Old 20-08-2009, 04:41   #2
Registered User

Join Date: Apr 2006
Posts: 4,413
Two companies with bad customer support means a new one with even worse customer support. What would be good is a MFD product which has a decent user interface. The Ray C and E suck.
__________________
Sandero is offline   Reply With Quote
Old 20-08-2009, 06:24   #3
Registered User
 
Sunspot Baby's Avatar

Join Date: May 2003
Location: New Bern, NC
Boat: Prout Manta 38' Catamaran - Sunspot Baby
Posts: 1,521
Images: 14
Raymarine, despite some rants here, have always been supportive for me. They even help me with my ancient Autohelm units when I call.

On my boat at least, their products work and their local authorized service people know their stuff.

I hope that if bought out, the new company will continue to support the existing product line. I would hate to have to completely replace my instruments.

George
__________________
She took my address and my name
Put my credit to shame
Sunspot Baby, sure had a real good time
Bob Seger
Sunspot Baby is offline   Reply With Quote
Reply

Tags
garmin, raymarine

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
NMEA 0183 Garmin Chartplotter -> Raymarine ess105 Navigation 5 24-11-2008 05:54
Chartplotter & Radar - Garmin or Raymarine Maduro Marine Electronics 15 25-07-2008 03:01
Garmin 75 anybody? CSY Man Classifieds Archive 0 13-08-2007 20:31
Which is better? Furno, Garmin or RayMarine Radar Galaxy Marine Electronics 18 09-06-2006 10:03



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 00:04.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.