Oxford Instruments to acquire WITec for €42m.

Oxford Instruments, a provider of high-technology solutions, information and services for industry and research, agreed to acquire WITec, a provider of Raman microscopy imaging solutions, for €42m. "We are delighted to welcome WITec colleagues to Oxford Instruments. WITec's leading Raman microscopy solutions are a great complement to our existing products and techniques. Raman microscopy is an important and widely used technique across academic and commercial customers for fundamental research, applied R&D and quality assurance / quality control. The technique is used in conjunction and alongside our existing characterisation solutions and broadens the capabilities that we can bring to existing customers whilst expanding opportunities into new market areas. Providing a broader range of solutions helps us support our customers in facilitating a greener economy, increased connectivity, improved health and achieve leaps in scientific understanding," Ian Barkshire, Oxford Instruments CEO.