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Electro Rent Closes Equipment Management Technology Buy

socalTECH

Van Nuys-based Electro Rent Corporation , a provider of rental, leasing, and sales of electronic test equipment, said Thursday that it has completed its acquisition of Equipment Management Technology. The deal was worth $10.7M. Electro Rent had originally announced the buy on August 12th. READ MORE>>.

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Electro Rent Buys Test Equipment Firm

socalTECH

Van Nuys-based Electro Rent , the provider of electronic test equipment rentals and leasing, said Thursday that it has purchased Equipment Management Technology , a fellow electronic test equipment company, out of bankruptcy. Electro Rent said it pay $11.1M in cash for the firm, via a private, U.S. Bankruptcy court sale.

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Sentry Control Systems Acquired By SKIDATA

socalTECH

Van Nuys-based Sentry Control Systems , which distributes the ubiquitous electronic parking control systems you find in parking garages, has been acquired by parking technology developer SKIDATA. sentry control systems skidata electronic parking garage merger acquisition austria international' SKIDATA is based in Austria.

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