Navico buys BNTME, hello Simrancestarman!
... written for Panbo by Ben Ellison and posted on Feb 14, 2007
I was out on a FLIR demo cruise this evening, well worth reporting on, but at one point a lot of cell phones got busy, belonging mostly to people who had once worked for Northstar, Navman, or the “Brunswick New Technologies Marine Electronics” mouthful they became. Brunswick has been trying to sell this unit for at least a year, and tonight a buyer was announced: Navico, the conglomerate that already owns Simrad, B&G, and Lowrance. I’m pretty sure that makes Navico the biggest swinging you-know-what in marine electronics, but, my, that’s a lot of brands, a lot of development platforms, to make sense of.
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I worked for Northstar for about 8 years. It had been a downhill slide ever since Northstar stepped away from avionics due to a still-born project that was scrapped for pennies on the dollar. Its nice to see a major, global company take interest in a company that was passionately focused on navigation.