You may have read sbout Raymarine's financial difficulties, which has been in the news for the past 5-6 months. Several suitors appeared but no deals were made.
Garmin has returned to the table and made a new, significantly higher offer. Many more details can be found on panbo.com here http://www.panbo.com/archives/2010/04/on_again_garmin_makes_offer_for_raymarine.html#more
I believe the merged entities will be operating under the new brand name of Raymin, or is it Raygar? We will know soon enough...