Oxford Instruments sells quantum business for £60m

  • Oxford Instruments PLC (AIM:OXIG) has announced a delay to the publication of its results, which were due today, and also revealed it has sold its quantum-focused business for £60 million in cash to a US private company.  The delay to the results is due to its auditors, BDO, requesting more time, the company said, adding that it released a trading update in April that confirmed the past year had seen a strong performance in line with market expectations.