Veeco Instruments

Morrison Foerster is advising Veeco Instruments, a Nasdaq-listed global designer and manufacturer of semiconductor process equipment, in connection with its $5.2 billion all-stock merger-of-equals with Axcelis Technologies. Axcelis is a Nasdaq listed provider of innovative, high-productivity solutions for the semiconductor industry.

This merger will make Veeco Instruments and Axcelis Technologies a new leader in semiconductor capital equipment. The transaction establishes a more diversified portfolio and an expanded market reach for the combined companies.

“With increased R&D scale, the combination of these two exceptional businesses will accelerate our ability to solve material challenges, enable advanced chip manufacturing and build an even stronger company.” – Dr. Bill Miller, CEO of Veeco