Garmin To Acquire JL Audio ...

[Rovin]

if this is true i hope d new owner keeps all d employees, quality standards & not raise d prices, maybe even making it a bit affordable ...

https://www.finsmes.com/2023/08/garmin- ... audio.html

Garmin Ltd. (NYSE: GRMN), is to acquire JL Audio, a Miramar, Fla.-based company that designs and manufactures audio solutions for marine, aftermarket automotive, powersports, home and RV customers.

The amount of the deal was not disclosed. 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.

The acquisition brings premium audio integration across a broad range of Garmin markets and products.

Led by Lucio Proni, Founder and CEO, JL Audio offers premium audio products and accessories, including speakers, amplifiers, subwoofers and other audio components. The company employs more than 600 associates.

Led by Cliff Pemble, President and CEO, Garmin provides products for the aviation, automotive, fitness, marine and outdoor markets. Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom.

https://beststocks.com/garmin-announces ... udio-a-ne/

Garmin Announces Acquisition of JL Audio A New Era in Premium Audio Solutions

Yasmim Mendonça by Yasmim Mendonça
August 7, 2023

Garmin, a leading technology company, has recently made an exciting announcement. On August 7, 2023, they revealed their definitive agreement to acquire JL Audio, a renowned audio solutions company based in the United States. JL Audio specializes in designing and manufacturing top-of-the-line audio products for various sectors, including marine, aftermarket automotive, powersports, home, and RV customers. Their impressive range of offerings includes speakers, amplifiers, subwoofers, and other high-quality audio components.

The acquisition is expected to be finalized by the end of 2023, pending customary regulatory approvals and closing conditions. Garmin’s President and CEO, Cliff Pemble, expressed his enthusiasm for this strategic move, stating that JL Audio’s extensive audio experience will open up new opportunities to provide premium audio features across a wide range of markets and products. This acquisition aligns with Garmin’s commitment to delivering innovative and exceptional audio solutions to their customers.

Lucio Proni, the Founder and CEO of JL Audio, also shared his excitement about integrating into Garmin’s product ecosystem. He believes that the collaboration will allow them to leverage their audio knowledge and engineering expertise to create outstanding audio products for many years to come. The merging of these two industry leaders promises to bring forth groundbreaking advancements in audio technology.

It is worth noting that Garmin’s chartplotters already have compatibility with certain JL Audio Marine devices, including the MM100 S, MM100 EE, and MM50. This existing synergy between the two companies sets a strong foundation for future collaborations and the development of cutting-edge audio solutions for marine enthusiasts.

As the acquisition progresses, both Garmin and JL Audio look forward to the opportunities it will bring and the positive impact it will have on their respective industries. With their combined expertise and dedication to excellence, the future of premium audio solutions looks brighter than ever

[sMASH]

Prolly to integrate head unit features into one proper unit.

And take back the info tainment market from bose

[SR]

Was confirmed monday morning


Jl audio has manufacturing plants in arizona and florida with dist out of florida. Also have outside manufacturing in china on thier lower end lines

As an fyi the w3 sub and higher are assembled and qc in florida