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Standard Logic Agrees to Buy Data-Voice Solutions

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Standard Logic Inc., a Corona computer maker, announced Friday that it has tentatively agreed to buy privately held Data-Voice Solutions Corp. of Newport Beach in a stock swap.

Using Friday’s closing price for Standard Logic--37-cents per share--the deal was valued at $562,500.

Data-Voice, which had sales of $731,000 in its most recent fiscal year, has developed a multi-user system for transmitting data over telephone lines within an office or factory. The company is privately held.

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Standard Logic said the acquisition must be approved by its board and shareholders.

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