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Oxford Instruments acquires HVPE equipment supplier |
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Apr 10, 2008 at 03:34 PM |
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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.
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