Completion of acquisition of FemtoTools AG

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:  [phone]

Richard Tyson, CEO

Gavin Hill, CFO

Stephen Lamacraft, Head of Investor Relations             

MHP                                                                                            Tel:  [phone]

Tim Rowntree/Katie Hunt/Eleni Menikou/Veronica Farah

[e-mail]

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 

 

END