Mitac/Mio buys Navman
In a move that cements their position as a contract manufacturer AND a seller of their own branded GPS units, Mitac, the maker of Mio GPS units has bought Navman from the Brunswick Corp. Navman is a recent entry into the US market, but has been more active in the Euro market, where GPS adoption is more advanced. Navman has made waves with its NavPix based camera enabled GPS units, and Mio has made a splash lately with the US market surge in the holiday period with their popular Mio C310x. Mio already has a few planned new units for later this year, including the Mio C250, C320, C520, and the C720. Hummmm, one has to wonder if they do keep the brands separate, will they share technology? Will we see new Navman's with the stylish C520 thin form factor or Mio's with cameras?
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Thanks to reader Chien for sending this one in.
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Posted by Scott Martin at February 28, 2007 9:25 AM