German technology company Riedel has taken over the majority stake in Pidso, an Austrian manufacturer of antennas and antenna systems.
“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,” said Thomas Riedel, founder and CEO of Riedel. “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.”
Pidso offers specialised expertise in the development and production of lightweight antennas and antenna systems that can be integrated into existing building spaces. The company’s antennas are used in the automotive industry, aircraft construction (particularly for unmanned aircraft), logistics control systems and video/cinema production.
Christoph Kienmayer, founder and managing director of Pidso, said: “We have been experiencing solid growth and our partnership with Riedel will accelerate demand for our solutions and pave the way to an even brighter future. We’re honoured to be joining the Riedel brand, one of the strongest in the industry, and we’ll have a perfect environment and ideal conditions taking our business to the next level, especially with regard to internationalisation.”
