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. Equipment Management Technology is based in Las Vegas, and rents, sells, and leases used electronic test equipment.
Top NewsFriday, August 12, 2011
Electro Rent Buys Test Equipment Firm