Seeking Alpha

Aeroflex sells its test equipment services business to Trescal Ltd for $18M

  • Aeroflex (ARX) says it's sold its Aeroflex Test Equipment Services business to Trescal Limited for approximately $18.7M.
  • The unit provides calibration and repair services of non-Aeroflex test and measurement equipment in the United Kingdom.
  • The sale will allow ARX to enhance its focus on building its core wireless test and measurement equipment business.
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