The acquisition follows regulatory approval from the Federal Ministry for Economic Affairs and Energy (BMWi) in Germany and satisfaction of other closing conditions.
The Professor of Quantum Technologies at the University of Glasgow, will take up the newly created Consultant Technical Director role.
It announced its latest innovation in Cryofree® dilution refrigerator technology for quantum computing scale-up, the ProteoxLX, and a new collaboration in Asia.
Oxford Quantum Circuits (OQC) is taking delivery of Oxford Instruments’ next-generation Cryofree® refrigerator, Proteox.
The leading provider of high technology products and systems for industry and research made the announcement in its half-year results for the six months to 30 September 2020.