Rainbow Buys Line From AlliedSignal

Rainbow Technologies Inc. said its Mykotronx unit will acquire a line of communication encryption products from AlliedSignal Inc. Terms were not disclosed.

Rainbow said Mykotronx will acquire all intellectual property and marketing rights to the KIV-7 line, and AlliedSignal will continue manufacturing the products for Mykotronx.

KIV-7 devices protect communications between local areas, video teleconferencing, and other voice and data networks.

Rainbow Technologies is a software protection and encryption technology company.