UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549
---------------------------------
Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 20 23, 2002

NEXIQ TECHNOLOGIES, INC.
------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)

New Hampshire
----------------------------------------------
(State or Other Jurisdiction of Incorporation)

0-19717 (Commission File Number)	02-0218767 (IRS Employer Identification Number)

6405 Nineteen Mile Road Sterling Heights, MI (Address of Principal Executive Offices)	48314 (Zip Code)

(586) 731-6410
-----------------------------------------------------
(Registrant's Telephone Number, Including Area Code)

Not Applicable
-------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)

ITEM 5. OTHER EVENTS

On October 11, 2002, NEXIQ Technologies, Inc., a New Hampshire corporation (the "Company"), issued a press release announcing that the Company and certain of its subsidiaries had filed a voluntary petition for reorganization under Chapter 11 of the federal Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Michigan, Southern Division~~. Pursuant~~ to (the ~~procedure~~ ~~prescribed in Staff Legal Bulletin No~~"Court"). The ~~2, the~~ Company ~~has~~announced ~~requested a~~that ~~no-action position from~~ the ~~Staff~~purpose of the ~~Commission that would permit the~~ ~~Company~~filing is to ~~file,~~conduct ~~under~~and ~~cover~~consummate of a ~~Current~~sale ~~Report on Form 8-K, its periodic financial reports filed with the Bankruptcy Court, in lieu~~ of ~~its~~significantly ~~annual~~all ~~and quarterly reports under the Securities Exchange Act~~ of ~~1934. In conformity with its request and~~ the ~~provisions of Staff Legal Bulletin No. 2, the~~ Company ~~files herewith its financial reports for the period ended November 24,~~'s ~~2002~~operations ~~filed with the Bankruptcy Court~~ on ~~December~~an ~~20,~~expedited ~~2002 (the "Reports")~~basis.

~~THE~~ On ~~REPORTS~~November 26, 2002, ~~CONTAIN~~the ~~FINANCIAL~~Company ~~STATEMENTS~~filed ~~AND~~a ~~OTHER~~motion ~~FINANCIAL~~with ~~INFORMATION~~the ~~THAT~~Court ~~HAVE~~seeking ~~NOT~~approval ~~BEEN~~of the sale of ~~AUDITED~~substantially ORall ~~REVIEWED~~of BYits ~~INDEPENDENT~~assets. By ~~ACCOUNTANTS~~two orders dated December 12, ~~ARE~~2002, ~~NOT~~the Court ~~PRESENTED~~granted INthe ~~ACCORDANCE~~Company's motion for orders approving asset purchase ~~WITH~~agreements, ~~GENERALLY~~authorizing ~~ACCEPTED~~the ~~ACCOUNTING~~sale ~~PRINCIPLES~~of substantially all of the Company's core and e-Technician assets and the Company's "IVIS" division assets free and clear of liens, ~~AND~~claims, ~~MAY~~interests BEand ~~SUBJECT~~encumbrances TOand ~~FUTURE~~the assumption and assignment of ~~RECONCILIATION~~certain ~~AND~~executory ~~ADJUSTMENTS~~contracts and leases, and granting related relief. The full text of these two orders of the court were attached to a Current Report on Form 8-K filed with the Securities Exchange Commission on December 18, 2002.

On December 23, 2002, the Court issued a third order approving the final asset purchase agreement, authorizing the sale of the Company's assets used in its ePOD product line free and clear of liens, claims, interests and encumbrances and the assumption and assignment of certain executory contracts and leases, and granting related relief. The full text of this order is attached hereto as Exhibit

The sales of the Company's core and e-Technician assets and its "IVIS" division assets were consummated on December 20, 2002. The sale of the Company's ePOD product line assets was consummated on January 8, 2003. The consummation of these three transactions has resulted in the sale of all of the Company's operating assets.

SIGNATURES

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, thereunto duly authorized.

NEXIQ TECHNOLOGIES, INC. January 310, 2003 By:/s/Kevin F. Kelly Kevin F. Kelly Vice President and Chief Financial Officer

EXHIBIT LISTING AND INDEX

Exhibit No.	Description
99.1	Nexiq Technologies, Inc. Statement of Debtor In Possession Under Bankr. R. Pro. 9011 for the Month of October 28 to November 24, 2002 (*without bank statements)
99	Order of the Honorable Walter Shapero, United States Bankruptcy Court for the Eastern District oMichigan, Southern Division, dated December 23, 2002 under 11 U.S.C. sections 105(a), 363(b), (f), (l) and (m), 365, and 1146(c) and Fed. R. Bankr. P. 2002, 6004, 6006, 9014: (A) approving asset purchase agreement; (B) authorizing (i) sale of substantially all of the debtor's ePOD assets free and clear of liens, claims, interests and encumbrances and (ii) assumption and assignment of certain executory contracts and leases, and (C) granting related relief
99.2	WPI Micro Processor Systems, Inc. Statement of Debtor In Possession Under Bankr. R. Pro. 9011 for the Month of October 28 to November 24, 2002 (*without bank statements)
99.3	Diversified Software Industries, Inc. Statement of Debtor In Possession Under Bankr. R. Pro. 9011 for the Month of October 28 to November 24, 2002 (*without bank statements)

Filing Compare · NEXIQ TECHNOLOGIES INC