Garmin Acquires MYLAPS to Enhance Performance Technology in Sports Sector
- Garmin acquires MYLAPS to enhance performance tracking and race management technologies in sports.
- The acquisition aims to set new standards for performance-focused training and event management solutions.
- Integrating MYLAPS' technology will strengthen Garmin's position in the sports technology market and innovation efforts.
Garmin Expands Performance Technology with MYLAPS Acquisition
Garmin Ltd. makes a significant leap in the sports technology sector with its recent acquisition of MYLAPS, a leading Dutch company renowned for its integrated timing and performance analysis solutions. This strategic move, announced on July 29, 2025, aligns with Garmin's commitment to enhancing its offerings in performance tracking and race management. MYLAPS, headquartered in Haarlem, has a rich history dating back to 1982, providing advanced data-driven technology for various sports, including running, cycling, motorsports, and equine events. The acquisition allows Garmin to leverage MYLAPS' expertise and technology to transform the competitive experience for athletes and spectators alike, reinforcing its position as a leader in performance technology.
Brad Trenkle, Garmin's Co-Chief Operating Officer, expresses enthusiasm about the synergy that the acquisition presents. He believes that integrating MYLAPS' capabilities will set a new standard for performance-focused training and event management. The partnership aims to deliver innovative solutions that not only enhance training experiences but also improve the way events are managed, ensuring a seamless experience for participants and viewers. The collaboration underscores Garmin's strategy to expand its portfolio while providing cutting-edge technology that meets the evolving demands of sports enthusiasts around the globe.
Camiel Slaats, Managing Director of MYLAPS, highlights the company's long-standing dedication to sports innovation and its eagerness to work alongside Garmin to elevate training and timing solutions. This acquisition marks a pivotal moment for Garmin, as it seeks to deepen its engagement in the sports technology market and enhance its reputation as a provider of high-quality performance solutions. As Garmin continues to innovate across various sectors, the integration of MYLAPS' offerings is expected to play a crucial role in shaping the future of sports technology, further empowering athletes to pursue their passions.
In addition to this strategic acquisition, Garmin remains focused on its broader business objectives, continuously exploring new markets and expanding its product lines. The company’s commitment to innovation extends beyond performance technology, as it also aims to develop solutions that cater to aviation, automotive, fitness, marine, and outdoor sectors. Garmin's approach is centered on helping individuals maximize their time and experience in their chosen pursuits.
As Garmin integrates MYLAPS into its operations, the sports technology landscape anticipates exciting developments that promise to enhance both performance tracking and event management. This acquisition not only reflects Garmin's strategic vision but also its dedication to remaining at the forefront of innovation in the sports industry.