Garmin has bought out the sports timing company, MYLAPS.
Garmin, the renowned provider of wearable technology, has announced its acquisition of MYLAPS, a Dutch company known for its integrated timing, live tracking, and performance analysis tools. This strategic move is expected to bring unparalleled training, timing, and event management solutions to Garmin's global community [1][2].
The partnership aims to set a new standard for sports technology, integrating MYLAPS' data-driven technology solutions for running, cycling, motorsports, and equine competitions with Garmin's wearables and fitness ecosystem [3]. This integration is designed to improve both training and race-day experiences by providing highly accurate, real-time data for athletes and event organizers [1][2].
Key Innovations from the Acquisition
The combined Garmin and MYLAPS offer innovative sports technology solutions centered around integrated timing, live tracking, and enhanced performance monitoring for running, cycling, and motorsports events.
| Innovation Area | Description | |----------------------------|-------------------------------------------------------------------------------------------------| | Integrated Race Timing | MYLAPS' precise timing systems combined with Garmin's wearable technology allow seamless race timing and results tracking [1][4]. | | Live Tracking Technology| Enables real-time athlete tracking during events, enhancing safety, spectator engagement, and race management [4]. | | Performance Insights | Garmin’s advanced fitness tracking combined with MYLAPS data offers deeper metrics for training optimization and race strategy [2][5]. | | Cross-Sport Application| Solutions cater to multiple sports including running, cycling, and motorsports, supporting diverse athlete needs [1][2]. | | Enhanced Competitive Experience| Integration aims to transform how competitions are experienced by improving data accuracy and accessibility on race day [5].|
Expanding Horizons in Sports Technology
The acquisition of MYLAPS expands Garmin's offerings in the sports technology sector, promising cutting-edge race management technology and enriched athlete performance analytics [2][5]. MYLAPS, headquartered in Haarlem, Netherlands, and operating globally, employs over 200 full-time associates and provides its services to millions of athletes and spectators [6][7].
Since 1982, MYLAPS has been a global leader in sports technology, credited with inventing automatic sports timing and revolutionizing performance measurement [8]. The company operates in North America, Europe, Asia, and Australia, supporting a wide variety of sports events, including running, cycling, motorsports, and equine competitions [1][2].
Brad Trenkle, Garmin Co-Chief Operating Officer, expressed excitement about integrating MYLAPS into the Garmin family, while Camiel Slaats, MYLAPS Managing Director, shared his enthusiasm about teaming up with Garmin [9][10]. The acquisition does not disclose any financial terms.
In conclusion, the acquisition of MYLAPS by Garmin is expected to transform the competitive experience for Garmin's passionate customers, offering end-to-end timing and performance tools across multiple competitive sports.
[1] Garmin Press Release: [link] [2] MYLAPS Press Release: [link] [3] SportsPro Media: [link] [4] Runner's World: [link] [5] Cycling Weekly: [link] [6] MYLAPS About Us: [link] [7] MYLAPS Clients: [link] [8] MYLAPS History: [link] [9] Garmin Co-COO Statement: [link] [10] MYLAPS Managing Director Statement: [link]
The integration of MYLAPS' technology, known for its innovative solutions in running, cycling, motorsports, and equine competitions, with Garmin's wearables and fitness ecosystem promises a new era of sports technology, enhancing both training and race-day experiences for athletes and event organizers. This strategic acquisition expands Garmin's offerings in the sports technology sector, delivering cutting-edge race management technology and enriched athlete performance analytics.
