Business
Completion of acquisition of FemtoTools AG
Completion of acquisition of FemtoTools AG.
About this update from Oxford Instruments Plc
[{"type":"text","content":"\n\n1 July 2024\nOxford Instruments plc completes acquisition of FemtoTools AG\n \nOxford 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.\nFemtoTools, 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.\nRichard Tyson, Chief Executive Officer, Oxford Instruments plc, said:\n\"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.\"\nFelix Beyeler, co-founder of FemtoTools, said:\n\"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.\"\n \n- Ends -\nIssued for and on behalf of Oxford Instruments plc\n \n \nEnquiries:\n \nOxford Instruments plc Tel: 01865 393200\nRichard Tyson, CEO\nGavin Hill, CFO\nStephen Lamacraft, Head of Investor Relations \n \nMHP ...