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[May 2005]
Oxford Instruments Strengthens Position in Microanalysis Market
Oxford Instruments PLC (Witney, Oxon, England) has agreed to acquire HKL Technology A/S (Hobro, Denmark), a leading manufacturer of Electron BackScatter Diffraction (EBSD) systems. HKL will become part of the Oxford Instruments Analytical (OIA) business.
Oxford said that HKL - led by Niels-Henrik Schmidt - will provide it with a world-class development team and considerable expertise in EBSD product technology. Oxford's global sales and service infrastructure will fully exploit HKL's capabilities, adding significant competitive advantage that will give OIA's microanalysis suite of systems a market leading position, added the company.
EBSD is used to produce a microstructural analysis of a material. This information can be used to predict the properties such as corrosion behaviour, creep, fatigue life, cracking and failure mechanism. It is used in a wide variety of industries and its use minimises material wastage and maintenance costs, while maximising durability and safety.
Nigel Keen, Chairman of Oxford Instruments, said: "Following the recent successful integration of the Metorex acquisition into our Analytical business, the acquisition of HKL continues our drive to deliver the high calibre products and services demanded by our customers. The combination of HKL's leading technology and Oxford Instruments' strength in the microanalysis market is expected to lead to significant growth opportunities for both businesses."
www.oxford-instruments.com
ENDS