InsideRadio.com reported Tuesday that French broadcast manufacturing giant Thomson Broadcast has closed its previously announced acquisition of GatesAir, the century-old radio and TV equipment manufacturer.
GatesAir is a manufacturer of products for over-the-air radio and television broadcasting. It is headquartered in Mason, Ohio, with manufacturing in Quincy.
Terms of the transaction were not disclosed.
“The acquisition of GatesAir is an excellent and significant step for Thomson Broadcast to further reinforce its worldwide leadership in the fast-evolving world of broadcast technology,” Ylias Akbaraly, chairman of Thomson Broadcast, said in a release.
“Today opens an exciting new era in the rich history of two companies and trusted brands that have each been delighting customers for more than 100 years. Today’s announcement is also exciting for our customers…
