Hitachi High-Technologies bolsters product lineup
Hitachi High-Technologies has announced that, as noted in the April 26, 2017 news release titled "Hitachi High-Technologies Enters Into an Agreement on the Stock Purchase (Subsidiary Acquisition) and Business Acquisition of Part of the Industrial Precision Instruments Business of the Oxford Instruments plc Group," it completed on July 3 the purchase of the stock of subsidiaries of Oxford Instruments plc of the U.K. and the acquisition of business from the OI subsidiaries engaged in atomic spectroscopy product businesses (X-ray fluorescence analyzers, magnetic induction measurement instruments (contact gauges), laser induced breakdown spectrometers, optical emission spectrometers) (hereinafter, the "targeted business").
Purchase of the OI stock and acquisition of business adds five former OI subsidiaries in the U.K., Germany, Finland, China and the United States to the Hitachi High-Tech Group and targeted businesses in Singapore and India have been transferred to two companies in the Hitachi High-Tech Group. Hitachi High-Tech has strengths in benchtop atomic spectroscopy product models. Through the acquisition of the targeted business, Hitachi High-Tech will bolster its product lineup by adding OI' s handheld atomic spectroscopy product models, where OI is strong. This will enable Hitachi High-Tech to address customer needs by supporting various sample types and measurement settings. In addition, Hitachi High-Tech will incorporate the sales network established by OI worldwide into its organization, enabling it to strengthen its sales and service network further
