CHINO, CA, Dec. 22 -- Desco Industries will acquire the assets of Static Prevention Inc., a supplier of ESD products. Financial terms were not disclosed.

Under the terms of the agreement, Desco will acquire patents, designs, inventory, tools and equipment and company brand names. Anaheim, CA- based SPI does business under the name SPI Westek.

In a press statement Wayne Hunter, president of Desco, commented that the acquisition of SPI would enhance Desco's range of ESD solutions.

Tom Seratti, president of SPI Westek, will join Desco.


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