N.C. pharma IT firm ArtusLabs bought by PerkinElmer; pair of deals total $220M

R&D software company ArtusLabs has been acquired by life science and health IT company PerkinElmer (NYSE:PKI) as one of a pair of deals intended to boost the Massachusetts company’s offerings for the pharmaceutical industry. Durham, North Carolina-based ArtusLabs’ software offers scientific data mining among other capabilities and is used by pharmaceutical industry researchers and others […]

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PerkinElmer sells lighting sensors business to Excelitas Technologies

PerkinElmer expects the sale of its illumination and detection solutions unit to increase adjusted gross margins by 200 basis points. "The completion of the transaction also frees up capital to reinvest in our more attractive businesses, and pursue targeted acquisitions to complement and expand our portfolio, as well as repurchase shares," CEO Robert Friel said in a statement announcing the deal's closure.

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PerkinElmer selling IDS unit for $482M

PerkinElmer Inc. (NYSE: PKI) plans to deal its illumination and detection solutions business to a private equity firm for a cool half billion. The Waltham, Massachusetts-based diagnostics and equipment giant said it agreed to sell the IDS unit to Veritas Capital Fund III LP, a New York-based private equity firm, for a $482 million net.