Oxford Instruments plc is a United Kingdom manufacturing and research company that designs and manufactures tools and systems for industry and research. The company is headquartered in Abingdon, Oxfordshire, England, with sites in the United Kingdom, United States, Europe, and Asia. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

and is a constituent of the

FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...

History

The company was founded by Sir Martin Wood in 1959, at his home in

Northmoor Road Northmoor Road is a residential street in North Oxford, England. Location Northmoor Road runs north-south, parallel to and east of the Banbury Road. At the northern end is a junction with Belbroughton Road and to the south is a junction with ...

North Oxford North Oxford is a suburban part of the city of Oxford in England. It was owned for many centuries largely by St John's College, Oxford and many of the area's Victorian houses were initially sold on leasehold by the College. Overview The le ...

, with help from his wife Audrey Wood (Lady Wood) to manufacture superconducting magnets for use in scientific research, starting in his garden shed in

Oxford Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...

, England. It was the first substantial commercial spin-out company from the

University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...

and was first listed on the

in 1983. It had a pioneering role in the development of

magnetic resonance imaging Magnetic resonance imaging (MRI) is a medical imaging technique used in radiology to form pictures of the anatomy and the physiological processes of the body. MRI scanners use strong magnetic fields, magnetic field gradients, and radio wave ...

, providing the first

superconducting magnet A superconducting magnet is an electromagnet made from coils of superconducting wire. They must be cooled to cryogenic temperatures during operation. In its superconducting state the wire has no electrical resistance and therefore can conduct mu ...

s for this application. The first commercial MRI whole body scanner was manufactured at its

Osney Mead Osney or Osney Island (; an earlier spelling of the name is ''Oseney'') is a riverside community in the west of the city of Oxford, England. In modern times the name is applied to a community also known as Osney Town astride Botley Road, just we ...

factory in Oxford in 1980 for installation at

Hammersmith Hospital Hammersmith Hospital, formerly the Military Orthopaedic Hospital, and later the Special Surgical Hospital, is a major teaching hospital in White City, West London. It is part of Imperial College Healthcare NHS Trust in the London Borough of H ...

, London. Further innovations included the development of active shielding, whereby fringe fields hazardous to pacemaker wearers, causing difficulty and expense in siting, were virtually eliminated. Oxford Instruments was not able to capitalise on these inventions itself, granting royalty-free license to

Philips Koninklijke Philips N.V. (), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters i ...

and

General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energ ...

whilst developing a joint venture with

Siemens Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', '' ...

in 1989: this was dissolved in 2004.

References

{{Authority control Electronics companies of the United Kingdom Engineering companies of the United Kingdom British brands Nanotechnology companies Companies based in Oxford Abingdon-on-Thames Electronics companies established in 1959 Manufacturing companies established in 1959 1959 establishments in England Companies listed on the London Stock Exchange British companies established in 1959 Equipment semiconductor companies