GOLFZON Holdings Acquires Leading Rangefinder Technology

Deca Systems, Inc. (dba GOLFBUDDY), an innovator in the golf rangefinder industry, has been acquired by GolfZon Newdin Holdings, Ltd. GOLFZON is renowned for its world-class golf simulators and is the company behind Korea’s largest golf course operator and golf equipment retail chain. Going forward, GOLFBUDDY will operate under a new corporate name, GolfZon Deca Co., Ltd. (dba GOLFBUDDY).

Steve Joomyeong Jung, the newly appointed CEO of GolfZon Deca, said, “We are delighted that GOLFBUDDY has become part of GolfZon Newdin, and we are confident that it will continue to maintain a strong position in the golf GPS and rangefinder market.” He added, “This acquisition will not only help GOLFBUDDY develop even more advanced products, but will also strengthen GOLFZON’s strategy of expanding into IT businesses across the broader golf sector.”

The specific terms of the acquisition were not disclosed, but GolfZon Newdin stated that it plans to expand its investment in R&D and IT businesses going forward.

About GOLFBUDDY

GOLFBUDDY’s core mission is to provide the most accurate and innovative golf rangefinders on the market. GOLFBUDDY is headquartered in Santa Fe Springs, California, USA, and operates a product development and course data management center in Korea, one of the leading countries supplying high-quality electronics.

Starting with a single product in 2003, GOLFBUDDY now offers rangefinder products across a variety of categories, including wearable, handheld, voice, and laser devices. A GOLFBUDDY is a portable golf rangefinder that uses satellites to accurately measure the distance to the hole during a round.

GOLFBUDDY maintains an accurate course database built on field-verified courses worldwide, managing data for more than 60,000 golf courses around the globe.

Each GOLFBUDDY GPS product comes preloaded with more than 38,000 golf courses worldwide. All GOLFBUDDY products offer a 100% free update policy, with no download fees or annual subscription charges. They also guarantee free course and software updates for life.

GOLFBUDDY’s slogan, ‘Accuracy Matters,’ reflects the value of precision the brand pursues across its entire product lineup.