Microtest Inc., a manufacturer of diagnostic certification and connectivity products for LANs, said today it plans to buy Logicraft Information Systems for $13 million.
The deal brings Logicraft's enterprise CD-networking and optical storage solutions to Microtest's workgroup CD-sharing environment, positioning the two companies further along the CD-ROM networking spectrum, officials said.
"Strategically, there is little overlap between the product offerings of the companies," said Richard Meise, president and CEO of Microtest.
Microtest, of Phoenix, is purchasing all of Logicraft's outstanding capital stock and will assume an additional $4 million of the company's debt.
Logicraft, of Nashua, N.H., is a subsidiary of Information Handling Systems Inc.
IHS will exclusively sell only Microtest and Logicraft CD-ROM networking products for the next three years.