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OAK INDUSTRIES ACQUIRES SPECTRUM TECHNOLOGY BUSINESS

 WALTHAM, Mass., Jan. 12 /PRNewswire/ -- 0ak Industries Inc., (NYSE: OAK) announced today that its Oak Crystal Inc. subsidiary has acquired the assets of the hybrid oscillator business of Spectrum Technology Inc., a Goleta, Calif. subsidiary of Datum Inc. Terms of the sale were not disclosed.
 Oak Crystal manufactures and supplies, among other products, precision oscillators to the telecommunications, avionics and test and instrumentation markets. Spectrum Technology's complementary line, when combined with Oak Crystal's products will allow Crystal to better serve the needs of its current and prospective customer base.
 William S. Antle III, Oak's president and chief executive officer, stated, "the acquisition of this business is in keeping with our strategy to grow internally and via acquisitions. This business expands our presence in the oscillator markets and allows us to use more of our manufacturing and technological capabilities. We expect to achieve significant cost savings by moving this business to our Mt. Holly Springs, Penn. facility."
 Oak Industries Inc., provides components and controls for leading manufacturers in a range of industries, including consumer appliances, electronics, medical testing equipment, military, telecommunications, cable television and transportation. The company is pursuing a strategy for growth through new-product introductions, ongoing productivity enhancements and acquisitions.
 -0- 1/12/93
 /CONTACT: William C. Weaver, chief financial officer, 617-890-0400; or Jean M. Devine of Sharon Merrill Associates, 617-262-1800, for Oak/
 (OAK)


CO: Oak Industries, Inc. ST: Massachusetts IN: CPR TLS SU: TNM

TM -- NE018 -- 4213 01/12/93 17:14 EST
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Publication:PR Newswire
Date:Jan 12, 1993
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