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PerkinElmer Completes Sale of Aerospace Unit

NEW YORK (GenomeWeb News) - As part of its divesture of non-life science businesses, PerkinElmer completed the sale of its aerospace business to Eaton, the Boston-based company announced today.


Amounts were not disclosed.


In October, PerkinElmer said it will sell its aerospace, fluid sciences and semiconductor businesses to shift its focus to the health sciences and photonic markets. The shift will emphasize genetic screening, medical imaging, molecular medicine and service.


Caleb Brett bought the automotive division in November for $34.5 million in cash.


The company is still in discussions to sell its semiconductor business.