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Textron to acquire telecommunications test firm
Textron Inc. said it has agreed to acquire Tempo Research Corp., a telecommunications test company based in Vista, Calif. Terms of the deal, slated to close in January, were not disclosed but projected 2000 sales of Tempo are $55 million, up from last year's sales of about $27 million. Tempo will become part of Greenlee Textron, a unit of Textron Industrial Products.