Human Designed Systems Inc, the King of Prussia, Pennsylvania-based X terminal builder is to be acquired by a company in Wayne, Pennsylvania calling itself Information Systems Acquisition Corp. Information Systems Few will change its name to HDS Network Systems Inc after the deal is completed. Human Designed shareholders will get about 2.8m Information Systems shares and 618,200 warrants for further shares, and $5.5m cash. Human Designed did $854,000 at the operating level on sales of $19.5m for the year to June 30; fiscal first quarter sales were $6.5m. Information Systems was formed to buy a computer firm.
