Radyne Simplifies Name, Brand Strategy

Changing gears slightly, Radyne Comstream is becoming Radyne Corp. The name change was part of a strategy to simplify product branding. Thus, the manufacture and sales of satellite and microwave communications equipment will fall under the Radyne name; marketing of broadcast encoders and decoders will fall under

Author:: TVTechnology
Publish date:: Jun 2, 2005
Social count:: 0

Changing gears slightly, Radyne Comstream is becoming Radyne Corp.

The name change was part of a strategy to simplify product branding. Thus, the manufacture and sales of satellite and microwave communications equipment will fall under the Radyne name; marketing of broadcast encoders and decoders will fall under the Tiernan brand; and sales of high-power amplifiers under the recently acquired Xicom brand.

"Our streamlined brand approach reflects the strong identity that each of our brands has in the market place," said Bob Fitting, CEO of Radyne.

Radyne Corp. board of directors has elected Carl Myron Wagner president and CEO. Wagner succeeds Robert C. Fitting who retired Aug. 31. Fitting has agreed to remain on the board. Wagner comes to Radyne from General Dynamics where he served as vice president and director of engineering for the Space and National Syst

The board of directors at Wegener Corp., provider of digital systems for IP data, video and audio, unanimously rejected Radyne ComStream's $1.55 per share cash "unsolicited hostile offer" for all outstanding shares of its common stock, saying it was "grossly inadequate and unfair" to Wegener's stockholders. Ultimately

Radyne announced last week that its Tiernan and Xicom Technology subsidiaries had received an order from a major satellite integrator in Brazil for HDTV and SDTV encoders and high-power amplifiers for use in satellite newsgathering trucks. The order is valued at over $1 million. Bob Fitting, Radyne's CEO, said, "This

The evaluation process is already underway and Radyne has had discussions with potential suitors, the publicly traded company said; however it has not set a timeframe for concluding the process.

The Phoenix, Ariz.-based company said a sale is one of a number of “strategic alternatives” it is looking at.

Just last week, Wegener Corporation's board of directors shut out Radyne ComStream's "grossly inadequate" bid of $1.55 per share for the company, noting that now was not the time to sell the company. However, a tenacious Radyne ComStream said this week that it would raise its bid for Wegener by $1.05 million (to $1.635

Radyne Corp. has appointed Carl Myron Wagner as president and chief operating officer. Wagner, 50, replaces Brian Duggan, who will assume new responsibilities as the president and general manager of the Tiernan HDTV business. Tiernan is a subsidiary of Radyne. Wagner, who starts his new role Jan. 30, comes to the

Radyne Corp. has received repeat orders for more than $6.7 million for Ka-band power amplifiers and DM-240 satellite modulators.