Semiconductors M&A » By The Online Investor Staff, updated Fri., Apr. 19, 1:39 PM
Recent mergers and acquisitions in the Semiconductors M&A category.
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Slide #47. Veeco Instruments Inc. — Synos Technology
Acquirer:
Veeco Instruments Inc. (NASDAQ:VECO)
Acquiree:
Synos Technology
Details:
Veeco Instruments Inc. (NASDAQ:VECO) has completed the previously announced acquisition of Synos Technology, Inc. ("Synos"). Synos designs and manufactures Fast Array Scanning Atomic Layer Deposition (FAST-ALD) systems that are currently expected to enable the production of flexible organic light-emitting diode (OLED) displays for mobile devices. The business, with operations in California and Korea, has been renamed Veeco ALD Inc.
Veeco Instruments is a manufacturer of semiconductor process equipment. Co. is engaged the development, manufacture, sales, and support of semiconductor and thin film process equipment primarily sold to make electronic devices. Co.'s system products include: laser annealing systems; ion beam deposition and etch systems, which include its NEXUS® Ion Beam systems, NEXUS® Ion Beam Etch (IBE) systems, Lancer™ IBE system, and SPECTOR® Ion Beam Sputtering system; advanced packaging lithography; single wafer wet processing; metal organic chemical vapor deposition systems, molecular beam epitaxy systems, atomic layer deposition systems and other deposition systems.
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Avg. Broker Rec.
 
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Buy (3.29 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: VECO Stock Forecast Based on Zacks ABR data; powered by Xignite |
