Magellan Navigation, Inc. is an American producer of consumer and professional grade Global Positioning System receivers, named after Ferdinand Magellan, the first explorer to circumnavigate the globe. Headquartered in San Dimas, California, with European sales and engineering centres in Nantes, France and Moscow, Russia, Magellan also produces aftermarket automotive GPS units, including the Hertz Neverlost system found in Hertz rental cars. The Maestro, RoadMate, Triton, and eXplorist lines are Magellan's current consumer offerings. The company also produces proprietary road maps (DirectRoute), topographic maps (Topo), and marine charts (BlueNav) for use with its consumer GPS receivers.
History
Magellan started as an independent company. It was once owned by Orbital Sciences Corporation, which purchased it in 1994. In 2001, Thales Group purchased the Magellan division of Orbital Sciences for about $70 million and the company became known as Thales Navigation. Five years later, private equity firm Shah Capital Partners and other investors purchased Thales Navigation for $170 million and the company was officially renamed Magellan Navigation.