Sinclair CEO David Smith: “Dielectric has supplied more than two-thirds of the TV industry’s high-power antennas, and its name is synonymous with expert engineering and quality products. We feel fortunate to have this opportunity to acquire the Dielectric intellectual property and assets related to our most critical infrastructure.”
Sinclair Steps In To Buy Dielectric
Read an exclusive interview with Sinclair CEO David Smith on Playout
Two months after announcing that it would go out of business, longtime antenna manufacturer Dielectric has new life.
Sinclair Broadcast Group is buying the assets of Dielectric from SPX Corp., the broadcaster announced today, for an “immaterial and leverage-neutral purchase price.”
“Dielectric has supplied more than two-thirds of the TV industry’s high-power antennas, and its name is synonymous with expert engineering and quality products,” Sinclair CEO David Smith said in a statement. “We feel fortunate to have this opportunity to acquire the Dielectric intellectual property and assets related to our most critical infrastructure.”
In a phone call with TVNewsCheck, Mark Aitken, Sinclair VP of advanced technology, said not having Dielectric would have been a serious blow to the industry.
“The fact that they’ve always been our primary vendor of high-power RF product, including transmission lines, filters and antennas, nobody else was stepping up to the plate, so we decided to buy them,” Aitken says.
BRAND CONNECTIONS
The existing staff will remain in place at Dielectric and operations will continue at its Raymond, Maine, headquarters. Dielectric will be operated as a wholly-owned subsidiary of Sinclair and be called Dielectric LLC.
Comments (0)