REG - Oxford Instruments - Completion of acquisition of FemtoTools AG

Oxford InstrumentsAnnouncement

01/07/2024 09:15

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RNS Number : 5676U  Oxford Instruments PLC  01 July 2024

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 -

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 (mailto: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 

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