Sunday, March 18, 2012

MiTAC completes purchase of Magellan

MiTAC has announced the completion of their purchase of Magellan’s consumer products division, and revealed some insights into their strategy and future plans:

  • The Mio and Magellan product lines will coexist in the U.S., though they will share technological expertise
  • Mio will add new “GPS-based lifestyle products” to their line, so maybe we’ll soon see their Mobile Internet Device that was on display at CES

UPDATE: TWICE is reporting that this or a similar device (they are calling it a UMPC ) will hit the market this fall at around $299.

Here’s the full news release.

About Rich Owings

Rich is the owner, editor and chief bottle-washer for GPS Tracklog. Connect with him on Twitter, Facebook or Google Plus.

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