Orolia (NYSE Alternext Paris – FR0010501015 – ALORO), an electronics technology group specialized in high-precision time and frequency generation, distribution and measurement, and Rapco Electronics Ltd (Basingstoke, Hampshire, UK), a leading high-precision frequency standards, time code and distribution provider, announced that they have formed a strategic partnership to strengthen their competitive positions and provide tangible benefits to their customers and sales channel partners.
In a multi-phased approach, Orolia Group companies Spectracom and SpectraTime will join the existing alliance between Pendulum Instruments (recently acquired by Orolia) and Rapco Electronics to cooperate on several fronts to leverage global distribution channels, operations and new product development efforts. Key tenants of the partnership include the following objectives.
Enhanced local and worldwide product lines and distribution – Rapco Electronics will represent and distribute Spectracom and Pendulum products in the UK and Ireland. With this line up of strong industry brands behind them and together with their own products, Rapco will provide the most comprehensive range of high-precision time and frequency products for governmental, military, telecoms, broadcasting and scientific customers in the UK and Ireland.
Outside of this region, both Pendulum and Spectracom will distribute key Rapco products under their own respective brands.
Customer focus – In addition to sales, Orolia and Rapco Electronics will combine service and support for the UK and Ireland in Rapco’s Basingstoke (UK) headquarters. Serving as a single point of contact, Rapco will provide their and Orolia Group customers a high level of local service and support for standard time and frequency products, unique applications, systems and custom-engineered solutions.
Premier solutions for today and tomorrow – With access to Orolia’s state-of-the-art technology, Rapco Electronics will enhance its ability to provide custom time & frequency systems for defence and space customers. In addition, technology sharing and operational efficiencies between the partners will enable a high degree of innovation and lower times to market for future synchronization needs of these important markets.
Jean-Yves Courtois, Orolia Chairman and CEO, comments, "Orolia and Rapco Electronics complement each other very well, and we are very excited about our new relationship. By joining forces, we believe we can boost Orolia's presence in the UK and Ireland, and substantially accelerate our worldwide development in defence and space timing and synchronization, a cornerstone to large system integration. The Rapco Electronics and Orolia teams should work well together: both companies are driven by innovation, passion, and demand success."
Margaret Reed, Rapco Electronics’ CEO, adds, “In essence, this partnership combines the substantial strengths and success of industry leaders with very similar, successful histories, but who do not compete directly today. It is a very natural fit for both of us."
Orolia, a precision electronics technology group, brings together branded leading-edge companies specialized in high-precision time and frequency solutions systems for mission-critical applications. The group includes four companies: SpectraTime, T4 Science, Spectracom and Pendulum Instruments.
Orolia’s companies develop and market systems that produce, distribute and measure ultra-high precision signals through information networks in large and growing high-end markets, such as space and navigation, defence and security, as well as telecommunications and broadcasting. These systems are deployed in a number of countries in Europe, Asia and North and South America. Orolia has committed to an accelerated growth strategy through acquisitions (companies, products and technologies). Orolia’s headquarters is located in Les Ulis (France), and the company also has offices in Neuchatel (Switzerland), Rochester (New York, USA) and Stockholm (Sweden).
About Rapco Electronics
Rapco Electronic Ltd, based in Basingstoke (UK), has over 40 years of experience in designing and manufacturing time & frequency systems for highly critical fixed and mobile operations. These can include satellite ground station control & communications systems, military defence & communication systems, radar, wireless telecom systems, commercial broadcast, etc. Products include GPS synchronised time & frequency sources supported by a wide range of signal conversion and distribution modules.