Oxford Instruments completes acquisition of FemtoTools AG
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Oxford Instruments, the London Stock Exchange listed provider of high technology products and services to industry and scientific research communities, has completed the acquisition of FemtoTools announced on 11 June 2024.
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."