Electro Rent Corp. late Thursday said it closed a $10.7 million acquisition of Equipment Management Technology Inc., a maker of electronic test equipment.

Equipment Management, a privately held Las Vegas company, filed for bankruptcy protection this year. Electro Rent, a Van Nuys company that rents and sells personal computers, servers and other electronic equipment, said it plans to transfer EMT’s assets here and fully integrate operations.

When the deal was first announced Aug. 11, Electro Rent said it might have to pay as much $11.1 million in cash in the U.S. Bankruptcy court sale, but that the final price would be adjusted based on changes in the value of the assets. It expects the acquisition will be immediately accretive to earnings.

“The acquisition of EMT will further enhance our test and measurement equipment portfolio and allow us to broaden relationships with our mutual customers,” said Chief Executive Daniel Greenberg in a statement.

Shares earlier closed down 57 cents, or 3.7 percent, to $14.93 on the Nasdaq.