In mid-December, Magellan entered into a definitive agreement to sell its consumer products division to Taiwanese-based MiTAC International Corporation, which owns Mio Technology. The news was unexpected and at the time, there were questions about what would happen to the Magellan GPS brand. Fear not, Magellan fans, it will continue to exist along with its Maestro, RoadMate, and Triton product lines.
On Tuesday, MiTAC finalized the purchase of Magellan and the new entity will be called MiTAC Digital Corporation. However, the Mio and Magellan brands will continue to operate independently in the United States but will share technology expertise. In … Read more