IN BRIEF: Oxford Instruments completes WITec acquisition

Oxford Instruments PLC - Abingdon-based laboratory equipment - Completes acquisition of Ulm, Germany-based microscope maker WITec Wissenschaftliche Instrumente & Technologie GmbH, following regulatory approval from the German government. "We look forward to growing the business through investment in [research and development] as well as enabling them to reach new customers through our global sales and service channels, thereby supporting our customers in facilitating a greener economy, achieve increased connectivity, improved health and leaps in scientific understanding," Oxford Instruments Chief Executive Ian Barkshire says.

Current stock price: 2,605.00 pence

Year-to-date change: up 31%

By Ivan Edwards; ivanedwards@alliancenews.com

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