View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
August 31, 1988

SOUTH AFRICANS MAKE FIRST ACQUISITION FOR TELEMETRIX

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.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU