Swedish Firm Acquires Assets of Sun Valley’s Gauss
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The assets of Gauss Inc. in Sun Valley have been acquired by M2 Engineering in Stockholm for an undisclosed amount in a cash deal.
Gauss, a maker of high-speed tape duplicating equipment, will continue to make its Gauss and Electro Sound duplicating systems at its Sun Valley facility. The company will be renamed Gauss-M2 Corp.
M2 Engineering bought Gauss from Telex Communications Inc. in Minneapolis.