Oxford Metrics (GB:OMG) has released an update.
Oxford Metrics, a company specializing in smart sensing and software, has announced the strategic acquisition of The Sempre Group Holdings Ltd, a measurement specialist that offers high precision metrology solutions. The deal, valued at up to £5.5m, is expected to immediately enhance Oxford Metrics’ earnings and bolster its smart manufacturing offerings. This acquisition will grant Oxford Metrics access to Sempre’s industry expertise, established customer base, and partnerships with over 25 manufacturers, facilitating expansion into new markets.
For further insights into GB:OMG stock, check out TipRanks’ Stock Analysis page.