No way "all resources are devoted to that end for at least a couple of
years" for this case. No way.
Barry N1EU
On Mon, May 12, 2014 at 4:50 PM, thomas branton via TenTec <
tentec@contesting.com> wrote:
> Even though its called a merger I think this may be more of an
> acquisition. In a merger, both companies cease to exist and a new third
> company emerges. In an acquisition one company actually acquires the other
> and the latter ceases to exist. Its perhaps more of an academic
> difference that anything else and what the future holds for both companies
> is uncertain. In the airline industry have mergers created a better
> airline? I think most pilots would tell you no. Perhaps it did allow two
> airlines who would not have been able to survive and compete to continue to
> operate in a merged and usually more chaotic fashion.
>
> I was surprised at how small both companies are. RF Concepts is by far
> the smaller with 10 to 20 employees and just over a million in revenues.
> Ten-Tec is the larger with 50 to 100 employees and about 5 million in
> revenues. Its not unheard of but when a much smaller company acquires a
> larger, it usually means there is an interesting back-story there. Likely
> we will never know since both are privately held and finding financial
> information is very difficult. To do an acquisition like this takes a lot
> of financing. There must be a return on that money to make it profitable
> so any product that is not returning on its investment, is gone. I would
> rather it had been Berkshire Hathaway that had bought Ten-Tec.
>
> Bottom line, if we were waiting for the new Orion III, there may be a long
> wait. Its not impossible that it will someday arrive but the process of
> merger/acquisition is usually so traumatic for both companies that all
> resources are devoted to that end for at least a couple of years. Let's
> wish both blue skies and fair winds and support our American manufacturers.
>
> Tom KF5WBS
> On Monday, May 12, 2014 10:05 AM, Steven Kline <skline4@verizon.net>
> wrote:
>
> Yes. I received just a little bit ago Mike.
>
> This will prove interesting.
>
> Steve - W5JK
>
>
>
> On May 12, 2014, at 9:55 AM, Mike Pagel, K9UW <k9uw@wi-net.com> wrote:
>
> >
> >
> > Has anyone else seen this? I received it as an email newsletter from
> > Alpha.
> >
> > 73, de Mike, K9UW
> >
> > ALPHA AMPLIFIERS AND TEN-TEC MERGE UNDER RF
> > CONCEPTS BANNER
> >
> > LONGMONT, Colo.- May 9, 2014 - Announcing today the
> > merger of Longmont, Colorado -based RF Concepts LLC / Alpha Amplifiers
> > and Sevierville, Tenn.-based TEN-TEC Inc., RF Concepts Chairman Michael
> > Seedman, AA6DY, declared the union the perfect combination of amateur
> > radio brands. The merger creates a multi-million-dollar company with
> > products that span QRP transceivers to full-legal-limit amplifiers and
> > establishes an organization with the size and scale to continue to
> > innovate into the next decade and beyond.
> >
> > RF Concepts/Alpha Amplifiers
> > has been building amplifiers continuously since the early 1970s and has
> > put more than 13,000 amplifiers in the hands of demanding amateur radio
> > operators. Alpha Amplifiers are considered "the finest line of linear
> > amplifiers in the world" by the ham community. TEN-TEC, founded in 1968,
> > produces top-of-the-line receivers, transceivers, amplifiers and tuners
> > and is known worldwide for the reliability and performance of its
> > products.
> >
> > "For more than 40 years, Alpha Amplifiers and TEN-TEC have
> > shared a reputation in the amateur radio market for offering
> > exceptionally well-engineered, American-made products backed by
> > extraordinary customer service," said Seedman. "Alpha Amplifiers is
> > known for 'key down performance,' and TEN-TEC is known for pushing the
> > boundaries of transceiver performance and capabilities.
> >
> > "The merger of
> > these brands under the RF Concepts banner makes perfect sense," added
> > Seedman, "not only in terms of creating a powerful product line, but
> > also in terms of positioning our company for the future. This merger
> > more than doubles the size of our business allowing us to invest more
> > capital in innovative engineering and customer-driven product
> > development."
> >
> > RF Concepts' operations will now be shared between its
> > Longmont Colorado facility and its Sevierville Tennessee facility. The
> > company is currently seeking a new operations facility in the
> > Sevierville area to more efficiently house factory operations, part of
> > the engineering resources, and technical and customer support services.
> > The Colorado facility will house engineering resources, technical and
> > customer support services, and much of the front-office operations.
> >
> >
> > Both Jim Wharton, NO4A, who in January of this year took the reins of
> > TEN-TEC upon the retirement of founder Jack Burchfield, K4JU and Ken
> > Long, N0QO, who has been overseeing the operations at Alpha Amplifiers
> > will be Presidents of their respective group, working together to build
> > a strong, innovative company.
> >
> > "Ken and I have spent quite a bit of
> > time discussing our short- and long-term focus over the last few weeks
> > and I feel our responsibilities are very clearly defined.", said
> > Wharton.
> >
> > "Jim and I have a lot of work to do to make sure the merging
> > of these two brands goes as smoothly as possible." added Long.
> >
> > The
> > merger announcement comes just days before one of the signature amateur
> > radio events in North America-the Dayton (Ohio) Hamvention-where more
> > than 75,000 hams are expected to converge on the Hara Arena Complex to
> > discover the latest innovations in amateur radio. Both Alpha Amplifiers
> > and TEN-TEC will operate separate booths at this years show (May 16 -
> > 18). Both booths will feature new products and special offers to
> > commemorate the merger. At booths 209-210 in the North Hall, Alpha
> > Amplifiers will be demonstrating the soon-to-be released DreamTuner 4040
> > Automatic Antenna Tuner, a graphically based, 4KW Autotuner. At booths
> > 458-450 in the East Hall, TEN-TEC will unveil the Patriot, an open
> > source, arduino-based SSB transceiver.
> >
> > About RF Concepts/Alpha
> > Amplifiers
> >
> > RF Concepts/Alpha Amplifiers manufactures high-end linear
> > amplifiers for ham radio enthusiasts. Based in Longmont, Colo., the
> > company is known worldwide for its quality amplifiers. Alpha Amplifiers
> > have been continuously manufactured in the United States since the early
> > 1970s.
> >
> > About TEN-TEC
> >
> > TEN-TEC Inc. was founded in 1968 to provide
> > beautifully engineered, well-crafted, well-supported and high-performing
> > products to the amateur radio market. For 46 years the Sevierville,
> > Tenn.-based company has passionately designed, crafted and tested
> > premium products which have earned the company a solid reputation and
> > loyal brand followers throughout the world.
> > _______________________________________________
> > TenTec mailing list
> > TenTec@contesting.com
> > http://lists.contesting.com/mailman/listinfo/tentec
>
>
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