Oxford Metrics Acquires Industrial Vision Systems Ltd
November 1, 2023
Oxford Metrics plc has agreed to acquire Industrial Vision Systems Ltd (IVS) for a consideration of £8.1m, funded from cash and the issue of new ordinary shares. The acquisition brings IVS's machine vision hardware and embedded software capabilities into Oxford Metrics' smart sensing portfolio to expand its smart manufacturing and quality-inspection offerings, with IVS founders remaining in management.
- Buyers
- Oxford Metrics plc
- Targets
- Industrial Vision Systems Ltd
- Industry
- Industrial Services
- Location
- Oxfordshire, United Kingdom
- Transaction Type
- Buyout
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