Tag Archives: veeco

Veeco (VECO) Sells Metrology Business To Bruker Corporation

Veeco Instruments just announced that it will be selling its metrology business, Veeco Metrology, to Bruker Corporation in order to focus on building its LED, solar and data storage businesses.

In a John R. Peeler, Veeco’s Chief Executive Officer, explained the rationale for selling Veeco Metrology:

“We believe the sale of Metrology will allow us to accelerate our progress developing new products, gaining share, and aligning with key customers in markets with large growth opportunities, … Read the rest

Minnesota Awards Veeco (VECO) 800K In Matching Funds

Veeco just announced that the State of Minnesota has awarded them $800,000 worth of matching funds  for a 1.5 year project to help Veeco’s copper, indium, gallium and selenium deposition equipment technology for solar panel manufacturers move more quickly to market. Veeco’s technology is designed to reduce manufacturing costs for solar panels and bring them closer to grid parity.  The funds were awarded as part of the American Recovery and Reinvestment Act.

In a press Read the rest

Veeco (VECO) Purchases Daystar (DSTI) Assets To Enter CIGS Solar Market

It was announced today that Veeco (VECO) will attempt its own push into the copper, indium, gallium, selenium (CIGS) thin film solar market by purchasing equipment and leased facilities from Daystar Technologies (DSTI) as well as hire its R&D department.  Daystar is selling the New York operations to reduce expenses and focus on its CIGS on glass core operations until there is a stronger market for flexible thin film applications.

Senior VP of Veeco, David … Read the rest