1 July
2024
Oxford Instruments plc
completes acquisition of FemtoTools AG
Oxford Instruments plc ("the Group",
"Oxford Instruments"), a leading provider of high technology
products and services to industry and scientific research
communities, is pleased to confirm that it has completed the
acquisition of FemtoTools AG ("FemtoTools"), announced on 11 June
2024, following the satisfactory conclusion of closing
conditions.
FemtoTools, based in Zurich,
Switzerland, specialises in nanoindentation, a technique used to
measure and image the properties of materials for
research and semiconductor applications. It joins Oxford
Instruments' Imaging & Analysis division, where its products
will be sold alongside the Group's existing range of materials
analysis tools, including electron microscope
micro-analysers and Raman microscopes.
Richard Tyson, Chief Executive Officer, Oxford Instruments
plc, said:
"We are delighted to have completed the acquisition of
FemtoTools. We welcome our new colleagues and look forward to
working with them to integrate nanoindentation - a new technique to
Oxford Instruments - into our extensive portfolio of materials
analysis capabilities."
Felix Beyeler, co-founder of FemtoTools,
said:
"The team and I are very excited for the journey ahead as part
of Oxford Instruments. Working together will enable us to extend
the reach of our technology and provide even richer analysis to our
combined customer base."
- Ends
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Issued
for and on behalf of Oxford Instruments plc
Enquiries:
Oxford Instruments
plc
Tel: 01865 393200
Richard Tyson, CEO
Gavin Hill, CFO
Stephen Lamacraft, Head of Investor
Relations
MHP
Tel: 020 3128
8100
Tim Rowntree/Katie Hunt/Eleni
Menikou/Veronica Farah
oxfordinstruments@mhpc.com
Notes to Editors
About Oxford Instruments plc
Oxford Instruments provides academic
and commercial organisations worldwide with market-leading
scientific technology and expertise across its key market segments:
Materials Analysis, Healthcare & Life Science and
Semiconductors.
Innovation is the driving force
behind Oxford Instruments' growth and success, supporting its core
purpose to accelerate the breakthroughs that create a brighter
future for our world. The vigorous search for new ways to make our
world greener, healthier and more productive is driving
unprecedented levels of R&D investment in new materials and
techniques to support productivity and decarbonisation worldwide,
creating a significant opportunity for Oxford Instruments to
grow.
Oxford Instruments holds a unique
position to anticipate global drivers and connect academic
researchers with commercial applications engineers, acting as a
catalyst that powers real world progress.
Founded in 1959 as the first
technology business to be spun out from Oxford University, Oxford
Instruments is now a global company listed on the FTSE250 index of
the London Stock Exchange (OXIG).
For more information, visit
www.oxinst.com