Brief: Veeco Acquires Epiluvac AB

Veeco Instruments

01/02/2023 12:20

Feb 1 (Reuters) - Veeco Instruments Inc  VECO.O :
    * VEECO ACQUIRES EPILUVAC AB TO ACCELERATE PENETRATION INTO 
HIGH
GROWTH SILICON CARBIDE EPITAXY EQUIPMENT MARKET
    * VEECO INSTRUMENTS INC - PURCHASE PRICE FOR TRANSACTION,
ALL
PAYABLE IN CASH, IS $30 MILLION
    * VEECO INSTRUMENTS INC - IMPACT TO VEECO'S FINANCIAL
RESULTS ARE
NOT EXPECTED TO BE MATERIAL IN 2023 AND VOLUME REVENUE IS
EXPECTED TO BEGIN IN 2024

Source text for Eikon:  ID:nGNX2GLQBf 
Further company coverage:  VECO.O 
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