Micro-MRP Sale
United Press International
WESTBOROUGH, Mass. —
ASA International Ltd. said it has completed sale of its Micro-MRP Inc. subsidiary to Kewill Systems PLC.
ASA International said the cash purchase price will be $4.5 million to $5.5 million based upon Micro-MRP results for the year ended Dec. 31.
The company said proceeds from the sale of the Foster City, Calif., subsidiary will be used for expansion and acquisitions.