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O.C. COUNTY BRIEFLY

Advanced Logic to Buy Interest in RouterWare

November 06, 1996

IRVINE — Advanced Logic Research Inc. agreed to acquire a stake of about 20% in RouterWare Inc., a 5-year-old Newport Beach-based data communications products company, for $2.25 million.

Irvine-based Advanced Logic said the agreement also calls for the two companies to enter into joint development projects over the next three years with a combined spending limit of $1 million. Advanced Logic, which provides high-end computer systems, has been developing a communications device using RouterWare software products for about a year.

The transaction is expected to close by Nov. 15.

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