Garmin has signed an agreement to acquire Interphase Technologies, a privately-held manufacturer of phased array scanning sonar technology headquartered in Soquel, California. This transaction is expected to be finalized within the next 30 days, and will allow Garmin to expand its overall marine product portfolio, particularly in the area of sonar technology. The size of the deal was not shared.
Interphase will operate as Garmin Santa Cruz, a California corporation and indirect wholly owned subsidiary of Garmin. Key management will be retained and sonar research and development will continue at its headquarters in Soquel, California.