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Semiconductors M&A image Semiconductors M&A » By The Online Investor Staff, updated Sun., Apr. 11, 8:14 AM Recent mergers and acquisitions in the Semiconductors M&A category.

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.'s system products include: Ion Beam Deposition and Etch Systems, which deposit high purity thin film layers and provide uniformity and repeatability; Laser Annealing Systems, which provides millisecond time-scale annealing, heating the wafer up to temperatures just below the silicon melting point; Metal Organic Chemical Vapor Deposition Systems, which are used to make GaN-based devices and Arsenides and Phosphides-based devices, which are used in television and computer display backlighting, general illumination, signage, specialty illumination, power electronics, and many other applications.

VECO SEC Filing Email Alerts Service


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Company Name: 
Veeco Instruments Inc (DE)
Stock buyback: 
VECO buyback
Website: 
www.veeco.com
Sector: 
Semiconductors
Number of ETFs Holding VECO: 
40
Total Market Value Held by ETFs: 
$238.53M
Total Market Capitalization: 
$1.06B
% of Market Cap. Held by ETFs: 
22.59%
 

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Strong Buy (4.00 out of 4)
77th percentile
(ranked higher than approx. 77% of all stocks covered)

Analysts' Target Price:
VECO Stock Forecast

Based on Zacks ABR data;
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