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August 31, 1988


By CBR Staff Writer

Allied Electronics Corp Pty, the South African company that moved in on Telemetrix Plc in May with a recapitalisation plan that gave it majority ownership of the graphics terminal systems company as the basis of a planned foray into the European market (CI No 923), yesterday made its first move to expand the company. It has acquired the technical and marketing interests of Rasterex A/S of Oslo, Norway, a supplier of personal computer graphics systems, for the Westward Technology subsidiary of Telemetrix and a new company, Rasterex International AS has been formed in Oslo as a Westward subsidiary. The new company will operate from the Rasterex base, where design and development will be done, but manufacturing will transfer to Westward’s factory in Tewkesbury, Gloucestershire. No financial details of the acquisition or Rasterex were given.

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