Garmin, Ltd. has acquired MyLaps, Inc., a Dutch company that provides integrated timing, live tracking and performance analysis tools for motorsports and active sports.
Financial terms of the deal were not disclosed.
“With operations in North America, Europe, Asia and Australia, MyLaps “supports elite brands and race management companies worldwide with data-driven technology solutions for running, cycling, motor sports, and equine competitions,” Garmin said in a media release.
“We are excited to bring MyLaps and their trusted timing technologies into the Garmin family and believe the combination will transform the competitive experience for our passionate customers,” offered Brad Trenkle, co-COO of Garmin. “Together, we look forward to setting a new standard for performance-focused training and race-day technology.”
MyLaps Managing Director Camiel Slaats added, “MyLaps has been a global leader in sports technology since 1982, inventing automatic sports timing and revolutionizing how athletes, racers and events measure performance. We are excited to team up with Garmin to bring unparalleled training, timing and event management solutions to its extensive global community of performance-minded customers.”
MyLaps is headquartered in Haarlem, the Netherlands, and employs over 200 full-time staff globally.
Image courtesy MyLaps, Inc.
