Key Developments: Johnson Outdoors Inc (JOUT.W)
23.90USD
8 May 2013
$0.55 (+2.36%)
$23.35
$23.90
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$15.61
Latest Key Developments (Source: Significant Developments)
Johnson Outdoors Inc Closes Acquisition Of Jetboil Inc
Johnson Outdoors Inc announced it has closed on the purchase of Jetboil Inc, brand of outdoor cooking systems. Full Article
Johnson Outdoors, Inc. Reaches Settlement In Patent Infringement Lawsuit
Johnson Outdoors, Inc. and Johnson Outdoors Marine Electronics, Inc., and Navico, Inc. announced they have resolved their dispute relating to Johnson Outdoors' patented Humminbird Side Imaging sonar technology and Navico's StructureScan accessory to its displays. As result of the settlement, the case has been dismissed. The companies have mutually agreed that the terms of the out-of-court settlement will remain confidential. Full Article
Johnson Outdoors, Inc. Announces Temporary Plant Closure
Johnson Outdoors, Inc. announced the temporary closure of the Company's Binghamton, New York plant and administrative offices due to flooding from heavy rains. Binghamton is home to Johnson Outdoors' Outdoor Equipment Group, which makes and markets consumer, commercial and military tents and camping equipment. The Company's finished goods warehouse located nearby was unaffected by the flooding, and shipments should commence later on September 12, 2011. Full Article
Johnson Outdoors, Inc. Acquires Assets Of Waypoint Technologies
Johnson Outdoors, Inc. announced that it has acquired the assets of Waypoint Technologies, maker of LakeMaster, brand of high definition electronic lake charts among Northern US anglers. The asset purchase includes Pro Map Technologies, the LakeMaster inland water survey techniques and bathymetric data processing technology, providing future exclusivity of an expanded portfolio of LakeMaster digital maps for Humminbird fishfinders. Details of the transaction are not being released. LakeMaster will continue to operate from its facility in Little Falls, Minnesota and be integrated within the Marine Electronics business, which includes Minn Kota, Humminbird and Cannon brands, as well as Geonav, a new venture into the blue-water electronics market. Waypoint and Pro Map staff will become Johnson Outdoors Marine Electronics employees, utilizing the knowledge and know-how on which the LakeMaster brand was built to expand coverage areas, to develop new chart features, and for integration with the Company's current and future marine electronic technologies. Financial terms of the transaction were not disclosed. Full Article
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