Sinclair Broadcast Group Buys Dielectric
June 19, 2013 at 4:16 AM (PT)
DIELECTRIC, the broadcast antenna and transmission line manufacturer, will live on after SINCLAIR BROADCAST GROUP stepped in to purchase the company, previously set to be closed by owner SPX CORPORATION.
The company will remain in RAYMOND, ME and will be a wholly-owned subsidiary of SINCLAIR, which recently announced the purchase of FISHER COMMUNICATIONS, including its SEATTLE radio stations. A price for DIELECTRIC was not disclosed,
SINCLAIR President and CEO DAVID SMITH said, "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. This acquisition was a logical choice given our in-house RF engineering expertise and our ownership of ACRODYNE SERVICES, which installs and services broadcast transmitters and mobile DTV upgrades. Further, if and when a spectrum repack occurs, DIELECTRIC will be there to support that effort."