Oxford Metrics buys Industrial Vision Systems

Oxford Metrics, the smart sensing software company, has is to acquire fellow Oxfordshire company Industrial Vision Systems.

This acquisition has been valued at £8.1 million and will go a long way in bolstering the expansion of Oxford Metrics.

Imogen Moorhouse, CEO of Oxford Metrics, said: “Today’s announcement strengthens our sense, analyse and apply strategy. Through its cutting-edge machine vision solutions, IVS replaces traditional inspection methods with smart sensing.

''This results in faster, more reliable, and highly accurate results, providing well-known brands with the latest machine vision automation.

“I am delighted to welcome IVS to Oxford Metrics. With more and more manufacturers demanding this innovation to revolutionise processes, ensure quality products and provide more efficient, error-proof production, we are excited about the opportunity ahead to extend into yet more applications and industries as inspection automation becomes more mainstream and smart manufacturing becomes the standard.”

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Industrial Vision Systems is a company specialising in developing machine vision software and technology for a number of areas across multiple industries.

Co-founders Earl Yardley and Andrew Waller, Industrial Vision Systems, said: “Oxford Metrics is the only home we considered because it shares our company culture and values and has a proven track record of taking great technology forward by nurturing and developing it.

''We are on a mission to make companies more efficient, highly flexible and quicker with our machine solutions.

''As part of Oxford Metrics, we will continue to develop and broaden our technology offering with an ongoing focus on innovation and research & development.”

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