Quantum Design (QD) has completed the acquisition of the Oxford NanoScience, a division of Oxford Instruments.
This acquisition unites two industry leaders with a combined legacy of more than 100 years of experience and innovation in cryogenics, materials science, and microscopy.
The shared product catalog provides solutions such as: automated materials characterization with automated field and temperature control, ultra-low temperature sub-kelvin cryostats and dilution refrigerators, high-field superconducting magnets, a full range of optical cryostats, and a global sales and customer support system that is rated as one of the best in the world.
“Our product lines are complementary, and the synergy of what we can accomplish by combining our two strengths bringing new products to the market will be transformative,” said Stuart Schoenmann, CEO of Quantum Design.
“QD’s wide range of measurement options combined with Oxford’s dilution refrigerators and other cryostats has R&D teams of both companies excited and keen to begin our collaboration in earnest,” said Schoenmann.
Oxford NanoScience was the original, founding division of Oxford Instruments. Its research and manufacture of sub-kelvin cryostats and large-field magnets made it a driving force in the world of physics research.
Their wide range of dilution refrigerators allows them, and now Quantum Design, to offer the tools and environments needed for a new world of quantum information and science.
“QD’s extensive global office network will provide us and our customers with the support they deserve, so that they can concentrate more fully on their research,” said Mathew Martin, managing director of the new Quantum Design Oxford.
“The combination of the Oxford NanoScience and QD’s product lines enables the company to offer a more complete package of products to suit our many customers’ needs,” said Martin.
Financial Details
In FY25, NanoScience generated approximately £59m of revenue and £1m of adjusted operating profit (“AOP”). Non-recurring transaction-related costs are expected to be approximately £2m– £3m in FY2025/26. Following the sale, approximately £4m of cost which is currently allocated to the NanoScience business will remain within the Group. The groups expects to begin to mitigate this in FY2026/27.
The divestment will better enable Oxford Instruments (“the Group”) to focus on its remaining businesses, which have growth and margin characteristics that will ensure the Group is better placed to deliver value for shareholders.
Headquartered in the USA, with a global footprint, Quantum Design offers a range of products and services for scientific, academic and industrial research.
