In these smaller private transactions, the acquiring entity usually
controls that. Nothing sinister, I suspect.
The retired shareholders wanted to take their equity off the table, and
hopefully also looked for a new owner who could carry on from here.
Sometimes it doesn't work out that way, but there are seldom any
guarantees. You use your best judgment and hope it all works out.
The mortality rate of small businesses, especially amateur radio ones, is
fairly high. These have survived for several decades, which is
impressive. We can hope for the best.
73 de W6OGC Jim Allen
On Mon, May 12, 2014 at 11:53 AM, John & Diana Beckner
<wb4fen@knology.net>wrote:
> Interesting that we never heard anything from Ten-Tec.
>
> -----Original Message-----
> From: TenTec [mailto:tentec-bounces@contesting.com] On Behalf Of Mike
> Pagel,
> K9UW
> Sent: Monday, May 12, 2014 10:56 AM
> To: tentec@contesting.com
> Subject: [TenTec] Alpha Amplifiers and TEN-TEC Merge
>
>
>
> 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.
> _______________________________________________
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>
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