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Oxford Instruments Bolsters Tech Portfolio with FemtoTools Acquisition
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Oxford Instruments Bolsters Tech Portfolio with FemtoTools Acquisition

Oxford Instruments (GB:OXIG) has released an update.

Oxford Instruments, a leading provider of high-tech products and services, has announced the acquisition of FemtoTools AG, a Swiss company known for manufacturing cutting-edge nanoindentation instruments. The deal, which includes an upfront cash payment and performance-related considerations, promises to expand Oxford Instruments’ Imaging & Analysis division and complement its existing portfolio. This strategic move is poised to bolster the company’s capabilities in materials research and semiconductors, offering a broader range of insights to its global customer base.

For further insights into GB:OXIG stock, check out TipRanks’ Stock Analysis page.

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