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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 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 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 Adds Board Member

socalTECH

Van Nuys-based Electro Rent Corporation , which provides rental, leasing, and sales of electronic test equipment, PCs, and servers, said this morning that it has named Theodore E. Guth to its board of directors. and UCLA School of Law.

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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.

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