Perceptron, Inc. (PRCP) Sells Secondary Commercial Segment, Plans to Focus on Highly Successful Core Industrial Business Unit
Perceptron, the developers of a wide variety of non-contact laser and other specialized inspection and measurement solutions for both commercial and industrial applications, today announced that, as of August 30, the company had sold certain assets and liabilities from their secondary business segment, the Commercial Products Business Unit (CBU) to Inspectron, Inc. In a move considered as being the best of all possible choices for maximizing shareholder value by management regarding the CBU, which only accounted for 9% of the company's total sales in fiscal 2012, the sale to Inspectron will allow PRCP to focus squarely on the core Industrial…