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Pidso acquisition up for discussion

The German networking specialist is talking to IBC visitors about its acquisition of Pidso, a manufacturer of lightweight antennas and antenna systems based in Vienna. With the deal, Riedel assumes a majority financial position in Pidso, accelerating development of solutions that use Pidso antenna systems with Riedel’s family of communications systems.

Thomas Riedel, founder and CEO, Riedel, said: “With its innovative solutions in the field of high-performance antennas, Pidso not only complements our product portfolio, but also fits right into our company philosophy.

Embracing advanced technologies and delivering visionary solutions to real-world challenges have always been part of Riedel’s trademark.

Both companies will be able to move forward based on a very sound economic and technological foundation, giving our new collaboration the best-possible beginning.”