Garmin Acquires Bicycle Tech Company MetriGear
Garmin has announced the acquisition of a Silicon Valley-based startup, MetriGear, a company that focuses on technology for cyclists. The deal is expected to help Garmin expand its fitness division which currently offers a variety of Edge-series GPS systems that combine GPS tools with cycle computer functionality. With this acquisition, Garmin should have the know-how to offer a complete package for cyclists without the need for third-party accessories, offering better value for its clients as they won’t need to source for accessories from third-party vendors. Garmin hasn’t given any specific details on its plans for MetriGear just yet, but we hope something cool will come out of this deal.
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