RF Concepts merges with TEN-TEC Inc.
Last Updated: 16:23 May 13, 2014
Terms of the deal were not disclosed, though Alpha Amplifiers and TEN-TEC products will keep their branding and both be under the RF Concepts umbrella.
TEN-TEC produces receivers, transceivers, amplifiers and tuners for amateur radios.
RF Concepts will maintain operations in both its Longmont location at 634 S. Sunset St., and TEN-TEC's Sevierville, Tenn., facilities, though the company is seeking a new location in the Sevierville area to house factory operations, engineering resources and technical and customer support services, according to a press release. Longmont will also be home to engineering resources along with technical and customer support and many of the front-office operations.
"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 chairman Michael Seedman said in the release.
Seedman will head the merged company. Ken Long, meanwhile, will remain as president of the Alpha Amplifiers division, while TEN-TEC president Jim Wharton will continue to lead the division in Tennessee.
Long on Tuesday declined to disclose revenue or employee counts for the two privately held companies. He said it was still to be determined whether there would be new hires or contractions, or whether any jobs would move from one location to the other.
"Our intent is for both companies to be stronger together," Long said.
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