Riedel Comms Acquires Majority Stake in Vienna-Based Antenna Company PIDSO
Riedel Communications has partnered with PIDSO, a manufacturer of innovative and lightweight antennas and antenna systems based in Vienna. With the deal, Riedel assumes a majority financial position in PIDSO, accelerating development of solutions that leverage PIDSO antenna systems with Riedel’s family of communications 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,” says 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 specialized expertise in the development and manufacture of lightweight antennas and antenna systems that can be integrated easily into existing building spaces. The company’s antennas are widely used in the automotive industry, aircraft construction (particularly for unmanned aircraft), logistics control systems, and video/cinema production.
With this partnership, Riedel gains an experienced team and deep expertise in custom antenna systems, together with access to new markets such as automotive and aircraft, and the growth market of unmanned systems. PIDSO’s addition to the Riedel group will create synergies between the two companies’ research and development operations in Vienna that will benefit partners and customers alike.