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Oxford Instruments

Topic: Company

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Short description: United Kingdom manufacturing and research company


Oxford Instruments plc
TypePublic limited company
  • LSE: [Script error: No such module "Stock tickers/LSE". OXIG]
  • FTSE 250 component
IndustryTop level markets include research and academia, industry, energy, environment, security, health
Founded1959
HeadquartersAbingdon, Oxfordshire
Key people
Neil Carson (Chairman)
Richard Tyson (CEO)
Gavin Hill (CFO)
Stephen Blair (Senior Independent Director)
Products
  • Analysers
  • Atomic force microscopes
  • Cryogenic systems
  • CT & MRI systems, maintenance & parts
  • Electron spectroscopes
  • Microanalysis systems
  • Nanomanipulation & nanofabrication
  • Plasma, ALD & ion beam
  • Scanning probe microscopes
  • Spectrometers
  • Superconducting magnets and wire
  • Thin film & tailored UHV systems
  • X-ray tubes and integrated sources
RevenueIncrease £367.3 million (2022)[1]
Increase £66.3 million (2022)[1]
Decrease £38.6 million (2022)[1]
Number of employees
1,878 (2022)[1]
Websitewww.oxinst.com

Oxford Instruments plc is a United Kingdom manufacturing and research company that designs and manufactures tools and systems for industry and research. The company is headquartered in Abingdon, Oxfordshire, England, with sites in the United Kingdom, United States, Europe, and Asia.[2] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[3]

History

The original Osney Mead building of Oxford Instruments in west Oxford, now used as a church.

The company was founded by Sir Martin Wood in 1959, with help from his wife Audrey Wood (Lady Wood)[4][5] to manufacture superconducting magnets for use in scientific research, starting in his garden shed in Northmoor Road, Oxford, England.[6] It was the first substantial commercial spin-out company from the University of Oxford[7] and was first listed on the London Stock Exchange in 1983.[6]

It had a pioneering role in the development of magnetic resonance imaging, providing the first superconducting magnets for this application. The first commercial MRI whole body scanner was manufactured at its Osney Mead factory in Oxford in 1980 for installation at Hammersmith Hospital, London.[8] Further innovations included the development of active shielding, whereby fringe fields hazardous to pacemaker wearers, causing difficulty and expense in siting, were virtually eliminated.[9] Oxford Instruments was not able to capitalise on these inventions itself, granting royalty-free license to Philips and General Electric whilst developing a joint venture with Siemens in 1989: this was dissolved in 2004.[10]

References

  1. ↑ 1.0 1.1 1.2 1.3 "Annual Report 2021/22". Oxford Instruments. https://www.oxinst.com/assets/uploads/assets/repos/Investors/2022%20annual%20report.pdf. 
  2. ↑ "Offices – Oxford Instruments". oxinst.com. https://www.oxinst.com/offices. 
  3. ↑ "OXFORD INSTRMNT share price (OXIG) – London Stock Exchange". londonstockexchange.com. http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB0006650450GBGBXSSMM.html. 
  4. ↑ "Audrey, Lady Wood (Oxford Instruments, The Oxford Trust, Oxford Innovation)". https://www.sbs.oxford.edu/sites/default/files/Entrepreneurship_Centre/Docs/audrey-wood.pdf. 
  5. ↑ Audrey Wood, Magnetic Venture: The Story of Oxford Instruments (Oxford University Press, 2001). ISBN:0-19-924108-2
  6. ↑ 6.0 6.1 "Sir Martin Wood and Oxford Instruments". Oxford University. http://www.sbs.ox.ac.uk/centres/entrepreneurship/Documents/Martin_Wood.pdf. 
  7. ↑ "High-tech UK industry; Oxford Instruments". CASE. 4 July 2011. http://sciencecampaign.org.uk/?p=5673. 
  8. ↑ "MRI Scanner (1980)". Oxfordshire Blue Plaques Scheme. Oxfordshire Blue Plaques Board. 2 June 2011. http://oxonblueplaques.org.uk/plaques/mri.html. 
  9. ↑ "Superconducting magnets: The heart of NMR". Ingenia. February 2004. http://www.ingenia.org.uk/ingenia/articles.aspx?Index=239. 
  10. ↑ "Siemens Acquires Oxford Instruments' Stake in Oxford Magnet Technology". 2004. http://www.prnewswire.co.uk/cgi/news/release?id=111668. 



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