PROGRESSIVE: Oxford Metrics- Acquisition highlights market evolution
Research on Oxford Metrics PLC (OMG:LON) from Progressive Equity Research
Oxford Metrics yesterday announced the acquisition of Captive Devices a specialist in markerless motion capture of facial expressions and movements. The total consideration is for up to £750,000, made up, subject to the usual adjustments, of £250k cash, £300k shares and £200k cash contingent. Founded in 2024 by experienced gaming industry professionals, Captive Devices has already achieved sales to major studios. The deal adds an exciting new set of products, solutions and knowhow to Vicon, whilst providing Captive Devices with access to Vicon’s market leading international customer base.
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