Ferrite Microwave Technologies (FMT) merges with Mega Industries to create a global leader in high-power microwave components and systems.
Mega Industries and Ferrite Microwave Technologies (FMT) today announced the closing of a merger of their companies now operating under a new holding company called Microwave Techniques LLC, which also includes Micro Communications (MCI) and FXR Microwave dummy load product lines – both acquired in recent years by Mega Industries.
Microwave Techniques: FMT Merges with Mega
The combination of Mega, Ferrite (FMT), Micro Communications (MCI) and the FXR Microwave dummy load product lines will create a Global Leader in High Power Microwave systems and components, offering customers around the world a single source to support their most demanding high power microwave needs (Circulators, Loads, Flexible and Rigid Waveguide, Combiners, Coaxial Components plus a complete line of microwave heating and tempering systems).
Thoughts on the Merger
Given the complementary product portfolios, the two companies have worked together for years which will help ensure a seamless integration over the coming years.
“The merger of FMT and Mega is an industry game changer and makes perfect sense for our employees and customers” said Peter Tibbetts, CEO of Ferrite.
“Strategically the fit is ideal given the proximity, alignment of our cultures/teams and complementary product offerings” said Peter V. Anania, President of Mega Industries.
The group’s combined engineering, operations and sales teams will work to enable system level benefits to our thousands of customers across the Broadcast, Research/High Energy Physics, Radar Systems, Space, Defense, Food and Heating markets. The FMT, Mega, MCI, Microwave Techniques group manufactures the widest line of high power RF components and systems including: circulators, isolators, loads, rigid waveguides, flexible waveguides, coaxial components, ultrahigh vacuum components and broadcast components, in sizes WR28 through WR2300 supporting 50 MHz to 50 GHz that handle power levels ranging from 5 W to well over 50 MW.
Ferrite is also the global leader in Industrial Microwave Systems with an installed base of thousands of complete solutions for tempering, cooking and heating which supports a wide range of industries.
About the Merger
Deal terms unannounced. The combined company will continue to use the various brand names and employ over 100 people with close to 85,000 SF of production capacity across the three facilities in Maine and New Hampshire. Corresponding with this announcement, the new Microwave Techniques LLC website launched which provides an overview of the group and our capabilities and products.
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