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Garmin acquires cycling aerodynamics company, Alphamantis Technologies

Published July 20, 2017

OLATHE, Kan. (BRAIN) — Garmin has acquired Alphamantis Technologies Inc., a Montréal company that does aerodynamics testing and develops measurement technology for the cycling industry.

"Alphamantis is on the leading edge of aerodynamics analysis in the cycling world, and that makes the company a perfect fit for our robust suite of bike products," said Cliff Pemble, Garmin's president and CEO. "Aerodynamics is another way for cyclists to measure and improve their performance – something our customers crave."

Alphamantis develops technology that allows cyclists to test and refine their drag coefficient in everyday riding conditions, without having to use expensive and time-consuming wind tunnel testing. The company is a sponsor of Team Sky and says it has worked with many other professional and elite amateur teams and athletes. It has worked with Montréal's Argon 18 to develop a bike with integrated aerodynamic sensors. Alphamantis conducts athlete testing in indoor velodromes around the world to refine rider position and equipment. Louis Garneau Sports worked with Alphamantis in developing some of its high-end road and triathlon clothing last year.

Garmin said the majority of Alphamantis employees will be retained and will continue working in Montréal. It said financial terms of the acquisition will not be released.

In the past, Garmin has acquired several start-up companies with technology that eventually led to new cycling products. In 2010 it acquired Metrigear, which led to the introduction of the Garmin Vector power meter pedals. In 2015 it acquired Backtracker, which led to the Garmin Varia bike radar. 

More information: alphamantis.com.

Topics associated with this article: Mergers, Acquisitions & Investments

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