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Perkin-Elmer acquisition of PerSeptive Biosystems beefs up PE's protein analysis service offerings.

Executive Summary

PERKIN-ELMER ACQUISITION OF PERSEPTIVE BIOSYSTEMS ADDS PROTEIN ANALYSIS technology to Perkin Elmer's line of DNA sequencing technologies, broadening its technology platform for drug discovery and biomedical research. PE announced a definitive stock-swap agreement to purchase Framingham, Mass.-based PerSeptive on Aug. 25. The deal is expected to close by year end.

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