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

|About: Aeroflex Holding Corp. (ARX)|By:, SA News Editor

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.