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Synopsis
Garmin, a sports technology company, completed the acquisition of iKubu, a high-tech product development company. Financial terms were not disclosed. “iKubu has found a way to implement short-range radar into a low-power system that addresses a common concern among cyclists – identifying potential hazards that are approaching them from behind. We are delighted to add this technology to the Garmin portfolio,” Cliff Pemble, Garmin President and CEO.
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