LONDON: Oxford Metrics plc (LSE: OMG), the smart sensing and software company announced the acquisition of The Sempre Group Holdings Ltd, a measurement specialist solving manufacturing challenges across multiple industries. The total consideration for the Sempre business of up to £5.5m is subject to customary adjustments for working capital, cash and debt-like items. The consideration…
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Oxford Metrics sells infrastructure asset management division, Yotta, for £52mn
LONDON, UK: Oxford Metrics plc (LSE: OMG) announced the sale of its infrastructure asset management division, Yotta, to Causeway Technologies for a cash consideration of £52.0 million. Yotta today serves over 200 customers worldwide, providing software to assist in the management of more than 35 million physical assets and related services – including highways, street…
Paul Taylor joins Oxford Metrics board
LONDON, UK: Oxford Metrics plc announced the appointment of Paul Taylor as a Non-Executive Director and Chair of the Audit Committee, at the end of December. Paul brings over 20 years of boardroom experience as an Executive and Non-Executive Director, and throughout his career has remained connected to growth technology businesses. Paul spent a large…
Oxford Metrics acquires Contemplas GmbH for £1.14 million
LONDON, UK: Oxford Metrics plc has acquired Contemplas GmbH, specialists in video-based movement analysis, for an initial and deferred consideration of £1.14m (€1.32m), funded from existing cash resources, a news release said. Commenting on the acquisition, Nick Bolton, CEO of Oxford Metrics, said: “Having firmly outlined our M&A intentions, I am delighted to welcome CONTEMPLAS to the Oxford…