Alpha Microsystems Gets Equity Investment
(Dow Jones)
Alpha Microsystems in Santa Ana, which does business as AlphaServ.com, said Tuesday that it has received a $5-million equity investment from Hampshire Equity Partners, a private equity firm in New York.
Alpha Micro said in a press release that it plans to use the investment for working capital. The company also plans to use about 10% of the investment as initial funding for the planned separation of its AlphaConnect Internet division, which will be marketing its technologies under the NQL Solutions name.
AlphaServ.com provides multi-vendor and professional services to the information technology industry. The company’s stock closed Tuesday at $4 a share, down 31 cents from Monday’s close.
