diff --git a/meta/classes/kernel.bbclass b/meta/classes/kernel.bbclass
index a80ef9c0a8..31e633b812 100644
--- a/meta/classes/kernel.bbclass
+++ b/meta/classes/kernel.bbclass
@@ -469,7 +469,7 @@ python populate_packages_prepend () {
 	metapkg = "kernel-modules"
 	d.setVar('ALLOW_EMPTY_' + metapkg, "1")
 	d.setVar('FILES_' + metapkg, "")
-	blacklist = [ 'kernel-dev', 'kernel-image', 'kernel-base', 'kernel-vmlinux', 'perf', 'perf-dbg', 'kernel-misc' ]
+	blacklist = [ 'kernel-dev', 'kernel-image', 'kernel-base', 'kernel-vmlinux', 'kernel-misc' ]
 	for l in module_deps.values():
 		for i in l:
 			pkg = module_pattern % legitimize_package_name(re.match(module_regex, os.path.basename(i)).group(1))
@@ -548,8 +548,3 @@ addtask deploy before do_build after do_install
 
 EXPORT_FUNCTIONS do_deploy
 
-# perf must be enabled in individual kernel recipes
-PACKAGES =+ "perf-dbg perf"
-FILES_perf = "${bindir}/* \
-              ${libexecdir}"
-FILES_perf-dbg = "${FILES_${PN}-dbg}"
diff --git a/meta/recipes-kernel/perf/perf_3.4.bb b/meta/recipes-kernel/perf/perf_3.4.bb
new file mode 100644
index 0000000000..997beb4aef
--- /dev/null
+++ b/meta/recipes-kernel/perf/perf_3.4.bb
@@ -0,0 +1,50 @@
+SUMMARY = "Performance analysis tools for Linux"
+DESCRIPTION = "Performance counters for Linux are a new kernel-based \
+subsystem that provide a framework for all things \
+performance analysis. It covers hardware level \
+(CPU/PMU, Performance Monitoring Unit) features \
+and software features (software counters, tracepoints) \
+as well."
+
+LICENSE = "GPLv2"
+LIC_FILES_CHKSUM = "file://COPYING;md5=d7810fab7487fb0aad327b76f1be7cd7"
+
+PR = "r0"
+
+BUILDPERF_libc-uclibc = "no"
+
+DEPENDS = "virtual/kernel \
+           virtual/${MLPREFIX}libc \
+           ${MLPREFIX}elfutils \
+           ${MLPREFIX}binutils \
+          "
+RDEPENDS_${PN} += "elfutils perl python"
+
+PROVIDES = "virtual/perf"
+
+inherit kernel-arch
+
+S = "${STAGING_KERNEL_DIR}"
+B = "${WORKDIR}/${BPN}-${PV}"
+
+EXTRA_OEMAKE = \
+		'-C ${S}/tools/perf \
+		O=${B} \
+		CROSS_COMPILE=${TARGET_PREFIX} \
+		ARCH=${ARCH} \
+		CC="${CC}" \
+		AR="${AR}" \
+		prefix=/usr \
+		NO_GTK2=1 NO_NEWT=1 NO_DWARF=1 \
+		'
+
+do_compile() {
+	oe_runmake all
+}
+
+do_install() {
+	oe_runmake DESTDIR=${D} install
+}
+
+PACKAGE_ARCH = "${MACHINE_ARCH}"
+