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Fralock Acquires Career Technologies USA

socalTECH

Valencia-based Fralock , which designs and manufactures specialty components for the aerospace, electronics, industrial life science, medical, satellite, and semiconductor equipment manufacturing industries, has acquired Chatsworth-based Career Technologies USA READ MORE>>.

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MRV Sells Tecnonet S.p.A. Unit

socalTECH

Chatsworth-based MRV Communications , which designs and manufactures optical networking equipment, said late Monday afternoon that it has closed its sale of Tecnonet S.p.A. to Maticmind S.p.A. Its Italian subsidiary provided network integration services. MRV said it received approximately $21.5M ffor the business unit.