Mitac folds Navman Technology NZ assets into Australian affiliate

Tue, 21 Apr 2015

By Jonathan Underhill April 21 (BusinessDesk) - Global ICT industry leader Mitac Technology is winding up its Navman Technology NZ unit and transferring the assets to its Australian arm, although it says sales of Navman in-car and Magellan hand-held GPS navigation devices will continue to be supported locally. Navman Technology was part of the company founded in 1986 by technology pioneer Peter Maire and subsequently broken up and sold by Brunswick Corp. Norway's Navico bought the marine division, management bought out what became Navman...

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