Oxford Instruments plc researches, develops, manufactures, rents, sells, and services tools and systems. It was founded in 1959 and produced the first superconducting magnets for scientific study, leading to the creation of magnetic resonance imaging for body scanning. Since then, it has grown to produce tools and instruments for a wide range of applications, including atomic force microscopy, semiconductors, renewable energy, mining, metallurgy, and forensics.
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.