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Article: Three L.A. tech firms buy out-of-state companies. (Bell Industries Inc.; Plasma & Materials Technologies Inc.; INTEK Diversified Corp.)
- Article from:
- Los Angeles Business Journal
- Article date:
- December 9, 1996
- Author:
CopyrightCOPYRIGHT 1996 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Recent announcements by three Los Angeles-based electronics businesses that they are each acquiring their respective out-of-state competitors could signal a resurgence of the area's technology sector, analysts and local economists said last week.
The acquisitions, two of which are complete and one of which is slated to close in early 1997, involve an electronics distributor, a semiconductor equipment maker, and a wireless communications company.
The aggregate value of the deals is in excess of $400 million and suggests renewed vigor in L.A.'s technology sector, said Jack Kyser, chief economist at the Economic Development Corp. of L.A. County.
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...BELL INDUSTRIES DECLARES DIVIDEND LOS ANGELES, May 23 /PRNewswire/ -- The board of directors of Bell Industries Inc. (NYSE: BI) declared ... of record July 25, 1990. Bell Industries Inc. distributes and manufactures ...
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