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February 4, 1992 | Dean Takahashi, Times staff writer
Telenetics Acquired: SMC Group, a Lake Forest consulting firm, has agreed to acquire a controlling interest in Telenetics Corp. in Fullerton, a manufacturer of computer modems and other telecommunications equipment. Financial terms of the deal were not disclosed. Michael Armani, SMC vice president, said his company's financial resources and telecommunications consulting expertise would help Telenetics recover from a downward spiral over the past year.
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BUSINESS
February 4, 1992 | Dean Takahashi, Times staff writer
Telenetics Acquired: SMC Group, a Lake Forest consulting firm, has agreed to acquire a controlling interest in Telenetics Corp. in Fullerton, a manufacturer of computer modems and other telecommunications equipment. Financial terms of the deal were not disclosed. Michael Armani, SMC vice president, said his company's financial resources and telecommunications consulting expertise would help Telenetics recover from a downward spiral over the past year.
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BUSINESS
September 12, 2000 | DOW JONES
Telenetics Corp., a Lake Forest provider of wireless technologies and products, said Monday that it has named Shala Shashani as chairman and Terry Parker as president and chief executive. The company said in a press release that Shashani and Parker replace Michael Armani, who was named chairman emeritus. Shashani, a major shareholder and director for four years, heads SMC Group, an Orange County management consulting firm. Parker has held various managerial positions with GTE Corp.
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