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Oxford Instruments acquires HVPE equipment supplier
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Oxford Instruments has acquired Hydride Vapour Phase Epitaxy (HVPE)
technology company Devices International, Inc. (TDI) to strengthen its
market in the High Brightness Light Emitting Diode (HBLED) market and
is planning a strategy to double the size of the group over five years.
"This acquisition is part of our on-going strategy to deliver added
value to our current and future HBLED customers and gives us the
opportunity to supply new markets,” said Andy Matthews, Managing
Director of Oxford Instruments Plasma Technology. “We are delighted
that TDI will be joining us, and look forward to working with them on
developing the HVPE process further for the benefit of our customers.”
Tatiana
Dmitriev, President of TDI said: “We are very happy to be part of the
Oxford Instruments group of companies to further develop III-nitrides
HVPE and carry on with the innovative work that my father, Vladimir,
and his team have been conducting over the past 10 years.”
TDI
will remain at its present U.S. facility and Tatiana Dmitriev,
President, and Dr. Alexander Usikov, Head of Research & Development
will continue with the company.