Garmin Buys Aerodynamics Testing and Measurement Company for Cycling Industry

July 21, 2017 |Mergers & Acquisitions

Garmin bought Alphamantis Technologies, a privately held designer of aerodynamics testing and measurement technology for the cycling industry, it said in Thursday announcement. Garmin CEO Cliff Pemble said aerodynamics can be a way for cyclists to measure performance, "something our customers crave." Most Alphamantis employees will be retained, Garmin said, and they'll continue to work in Montreal.