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Pennsauken IT and engineering firm buys Canadian company

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A Pennsauken-based provider of information technology and engineering solutions announced Tuesday it has acquired a Canadian engineering company.

RCM Technologies Inc. said in a news release it is buying Point Comm Inc., which is based in Toronto and specializes in high voltage electrical equipment. RCM said it expects the deal to expand its engineering services offerings.

"We are very pleased to welcome Point Comm into the RCM family," Rocco Campanelli, president and CEO of RCM, said in the release. "We believe this acquisition will competitively strengthen RCM as a premier single-source provider of engineering and technology solutions."

Terms of the deal were not disclosed.

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Eric Strauss

Eric Strauss

Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com or @acerimrat on Twitter.

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