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Slide #50. Veeco — Synos Technology
Acquirer:
Veeco (NASDAQ:VECO)
Acquiree:
Synos Technology
Details:
Veeco Instruments Inc. (NASDAQ:VECO) today announced that it has signed an agreement to acquire privately held Synos Technology, Inc. ("Synos"). Synos designs and manufactures Fast Array Scanning Atomic Layer Deposition (FAST-ALD) systems that are enabling the production of flexible organic light-emitting diode (OLED) displays for mobile devices.
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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Buy (3.29 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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