Nanotechnology specialist buys foreign rivals

June 15, 2011

Oxford Instruments, a leading provider of high technology tools and systems for industry and research, has spent more than £40m acquiring nanotechnology companies in Germany and the US. 

The Oxfordshire-based group, which has a plasma technology subsidiary focused on the engineering of micro and nano structures, at Yatton, North Somerset, has paid £28.1m for Omicron NanoTechnology, near Frankfurt that designs and produces advanced microscopes and chemical analysis instruments for nanotechnology research. It has also committed £12.1m to the acquisition of Omniprobe based in Dallas, Texas, which designs and produces tools giving customers nano-scale laboratory capabilities within microscopes. 

The group says both acquired businesses share a similar customer base and will create opportunities for the development of integrated new products in its nanotechnology tools sector.  

Chief executive Jonathan Flint said: "I'm delighted with these acquisitions, which augment our growing ability to offer a suite of tools that help our customers benefit from the opportunities offered by nanotechnology."


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