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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000356037-03-000015.txt : 20030616
<SEC-HEADER>0000356037-03-000015.hdr.sgml : 20030616
<ACCEPTANCE-DATETIME>20030616165911
ACCESSION NUMBER:		0000356037-03-000015
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030616
ITEM INFORMATION:		Acquisition or disposition of assets
FILED AS OF DATE:		20030616

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CSP INC /MA/
		CENTRAL INDEX KEY:			0000356037
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				042441294
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-10843
		FILM NUMBER:		03746005

	BUSINESS ADDRESS:	
		STREET 1:		43 MANNING ROAD
		CITY:			BILLERICA
		STATE:			MA
		ZIP:			01821
		BUSINESS PHONE:		9786637598

	MAIL ADDRESS:	
		STREET 1:		43 MANNING ROAD
		CITY:			BILLERICA
		STATE:			MA
		ZIP:			01821
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8ktech.htm
<DESCRIPTION>FORM 8K TECHNISOURCE ACQUISITION
<TEXT>
<HTML>
<HEAD>
<TITLE>F&#9;&#9;&#9;&#9;Form 8-k</TITLE>
</HEAD>
<BODY>

<FONT FACE="Courier"><P>&#9;&#9;&#9;&#9;Form 8-K</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&#9;&#9;SECURITIES AND EXCHANGE COMMISSION</P>

<P>&#9;&#9;&#9;Washington, DC 20549</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&#9;&#9;&#9;&#9;CURRENT REPORT</P>

<P>&#9;&#9;Pursuant to Section 13 or 15 (d) of the Securities</P>
<P>&#9;&#9;Act of 1934</P>

<P>&nbsp;</P><DIR>
<DIR>

<P>Date of Report&#9;&#9;June 16, 2003</P>

<P>&nbsp;</P></DIR>
</DIR>

<P>&#9;&#9;&#9;CSP Incorporated</P>
<P>(Exact name of the registrant as specified in its charter)</P>

<P>&nbsp;</P>
<P>&#9;&#9;Commission file number 0-10843</P>

<P>&nbsp;</P>
<P>Massachusetts&#9;&#9;&#9;&#9;&#9;&#9;&#9;04-2441294</P>
<P>-----------------------&#9;&#9;&#9;&#9;     ------------</P>
<P>(State or jurisdiction of &#9;(IRS Employer Identification</P>
<P>incorporation or organization)&#9;&#9;&#9;number)</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>43 Manning Road   Billerica Massachusetts&#9;&#9;01821</P>
<P>---------------------------------------           ------                                   </P>
<P>(Address of principal executive offices)       (Zip Code)                               </P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>Registrant's telephone number, includes area code: 978-663-7598</P>

<P>&nbsp;</P>
<P>&#9;&#9;&#9;Form 8-K</P>

<P>  &#9;CURRENT REPORT dated June 16, 2003</P>

<P>&#9;&#9;&#9;CSP Inc.</P>

<P>&nbsp;</P>
<P>Item 2: Acquisition or Disposal of Assets</P>

<P>On May 30, 2003 the Registrant acquired all  the assets   of Technisource Hardware Inc. (Technisource)  of Fort Lauderdale  Florida from Technisource Inc. of Fort Lauderdale Florida for $ 2.680 million in cash. The assets purchased included all assets necessary to continue running the business. The Registrant will continue the operation of Technisource and it will continue as a reseller of software and hardware products for IT infrastructure requirements and provide professional services related to systems integration.   The purchase price of Technisource was based on projected revenues and income multipliers that was supported by historical information. We reviewed other recent purchases to see that our purchase price was reasonable and consist with the current market.</P>
<P> </P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>Item 7(a): Financial Statements of Business acquired</P>

<P>The one year of audited financial statements and interim statements as required will be filed within 59 days. It just was not practicable to file these statements at this time.</P>

<P>&nbsp;</P>
<P>&#9;&#9;&#9;CSP INC..</P>

<P>&#9;&#9;CURRENT REPORT dated June 16, 2003</P>
<DIR>
<DIR>
<DIR>
<DIR>

<P>SIGNATURE</P>

<P>&nbsp;</P></DIR>
</DIR>
</DIR>
</DIR>

<P>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P>&#9;&#9;&#9;&#9;&#9;&#9;CSP INC.</P>
<P>&#9;&#9;&#9;&#9;&#9;</P>

<P>June 16, 2003</P>
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/Gary W. Levine</P>
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;---------------------------</P><DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>

<P>Gary W. Levine, Vice President-Finance and Principal Accounting Officer</P></DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>

<P>&#9;&#9;&#9;&#9;&#9;&#9;</P></FONT></BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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