Oxford Metrics has announced the acquisition of Auckland-based motion measurement company IMeasureU Ltd, for an initial consideration £2.0m. IMeasureU’s existing business line is an excellent fit with Oxford Metrics’ Vicon division, with new product lines offering the potential for significant SaaS-based revenue. The group’s software-driven approach results in high unit prices with very attractive gross margins (90%+). As such we expect the acquisition to be materially earnings enhancing in oute ....
27 Jun 2017
N+1 Singer - Oxford Metrics - Attractive acquisition; significant upside potential
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
N+1 Singer - Oxford Metrics - Attractive acquisition; significant upside potential
Oxford Metrics PLC (OMG:LON) | 106 0 0.0% | Mkt Cap: 138.7m
- Published:
27 Jun 2017 -
Author:
Oliver Knott -
Pages:
6
Oxford Metrics has announced the acquisition of Auckland-based motion measurement company IMeasureU Ltd, for an initial consideration £2.0m. IMeasureU’s existing business line is an excellent fit with Oxford Metrics’ Vicon division, with new product lines offering the potential for significant SaaS-based revenue. The group’s software-driven approach results in high unit prices with very attractive gross margins (90%+). As such we expect the acquisition to be materially earnings enhancing in oute ....