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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 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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