Amadeusz Juskowiak

Scientific micro systems smsi acuires supermac

Scientific Micro Systems Inc said it has acquired Supermac Technology a rapidly growing supplier of enhancement products and disc drive subsystems for the Apple personal computer market

Scientific Micro said it acquired all the common stock of Supermac in exchange for 105 mln shares of its own common stock The stock closed at 550 dlrs bid on Friday

Supermac a privately held firm based in Mountain View California as is Scientific Micro reported a net profit of 300000 dlrs on revenue of 95 mln dlrs in fiscal 1986 It expects its revenue to approximately double in 1987

Reuter