Kurion Acquires Oxford Technologies

Kurion, Inc., a global provider of solutions to protect people and the environment from nuclear and hazardous materials, acquired Oxford Technologies, Ltd., an Abingdon, Oxfordshire, UK-based developer of robotic and remote handling systems.

The amount of the deal was not disclosed.

Oxford Technologies’ suite of technologies, client base and team of more than 60 engineers and project managers aim to increase the Kurion team and provide an established base of operations for its continued expansion in Europe.
As a result of the acquisition, Matthew Cole, director of Kurion’s Robotic Systems & Services business unit, relocates to the UK to oversee the company’s global remote systems operations. Additionally, Bernhard Haist, formerly the engineering director is now director for Oxford Technologies team in the UK, reporting to Cole.
Dr. Alan Rolfe, co-founder and managing director of Oxford Technologies will retire following the acquisition but will remain available as a consultant to the company.

Founded in 2000, Oxford Technologies develops remote handling systems for hostile environments, including Nuclear Decommissioning, Nuclear Fusion, Space and High-Energy Physics. It provides customers with a wide range of engineering capabilities, including vision and image processing, human-machine interface technologies, virtual and augmented reality, with mechanical, mechatronic, electronic and electrical engineering.

FinSMEs

09/12/2015

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