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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. Bankruptcy court sale. Electro Rent said it pay $11.1M in cash for the firm, via a private, U.S.

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Electro Rent Expands In Texas

socalTECH

Van Nuys-based Electro Rent , a provider of electronic test equipment rental, leasing, and sales, said today that it has opened up a new, regional service center in Houston, Texas. The company said the new location will service local demand in that area for test and measurement equipment.

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Electro Rent Acquires Electronic Test Equipment Firm

socalTECH

Van Nuy-based Electro Rent , a firm which provides rental, leasing, and sales of electronic test equipment, said Thursday that it has won a bid to acquire the assets of Telogy, LLC, a bankrupt provider of electronic test equipment. Electro Rent said it would pay $26.7M Electro Rent said it would pay $26.7M

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Electro Rent CFO Retires

socalTECH

Van Nuys-based Electro Rent , which provides rental, leasing, and sales of electronics test and other equipment, said today that its CFo, Craig Jones, is retiring from the company. Jones--who is 69--has been at the company for 26 years. READ MORE>>.

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