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Garmin International to purchase Geocaching.com

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Portland, Oregon

Garmin International has made a private offer to purchase Geocaching.com from its founder, Dave Ulmer. Terms of the offer have been kept private but are said to be in the area of Ten Million Dollars, US. Jackie Wells, a spokesperson for Garmin, stated that adding Geocaching.com to the Garmin Line of products is a perfect match. Garmin plans to expand Geocaching.com in many areas. When asked about what areas, Ms. Wells stated that those plans will be released at a later date. For now, let the Geocaching Community know that Garmin plans to make the game more exciting, more rewarding and most of all, more fun.

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