1 July 2024
Acquisition of FemtoTools AG now complete
Oxford Instruments plc, 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. The acquisition was first announced on 11 June 2024, and has now been completed following the satisfactory conclusion of closing conditions.
FemtoTools, based in Zurich, Switzerland, specialises in measuring and imaging the properties (primarily the hardness and stiffness) of materials for research and semiconductor applications at very high resolution via a technique called nanoindentation. It joins Oxford Instruments’ Imaging & Analysis division, where its products will be sold in conjunction with 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.”
Christian Lang, Managing Director, Materials Analysis, Oxford Instruments plc, said:
“We’re so pleased that the FemtoTools team have chosen to join Oxford Instruments. We’ve had a number of very positive meetings since the announcement and are already making plans for our future together.
“I’m looking forward to integrating FemtoTools’ brilliant technology into our wider product range, and to working with this talented group of people.”
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. We’re also looking forward to learning from the hugely experienced Oxford Instruments team.”
