Oxford Instruments plc has announced the acquisition of WITec Wissenschaftliche Instrumente und Technologie GmbH, a leading provider of Raman microscopy imaging solutions, based in Ulm, Germany, for a cash-free, debt-free consideration of €42m, of which €5m is conditional on trading performance over a period of 12 months following completion. The acquisition is in line with […]
Oxford Instruments plc, a leading provider of high technology instrumentation for industry and research, has agreed to sell its Industrial Analysis business to Hitachi High-Technologies Corporation (‘HHT’) for a consideration of £80 million on a cash and debt free basis. HHT will acquire the companies, assets and liabilities that comprise the Industrial Analysis business. The […]
Oxford Instruments PLC is holding its Annual General Meeting (AGM) at 2pm today at their offices in Oxford, UK. Chairman Nigel Keen, will be explaining the “testing time” faced by the Group in the year ending March 31 2015. The company’s share price opened the day down by 15% at 678p. Business in Russia has […]
Late in 2013, the UK Government launched the “UK National Quantum Technologies Programme” allocating a budget of £270 million for investment. A new grant has been awarded to Oxford Instruments and Lancaster University’s Quantum Technology Centre by Innovate UK for a project entitled ‘Cryogen Free Ultra Low Temperature Environments for Quantum Sensors.’ Read on … […]
Oxford Instruments plc, a leading provider of high-technology tools and systems for industry and research, is pleased to announce the appointment of Professor Sir Richard Friend as an Independent Non-Executive Director. The appointment takes effect from 1 September 2014. Professor Sir Richard Friend is a Fellow of the Royal Society and Fellow of the […]
Oxford Instruments have announced their preliminary results for the year ending March 31st 2014. Jonathan Flint, Chief Executive described it as another successful result highlighted by a growth in orders, sales and profits compared with the previous year. He added that the integration of Andor Technology is progressing well and the business is performing […]