Veeco stockholders approve merger with Axcelis Technologies

Veeco Instruments Inc. (NASDAQ: VECO) announced that its stockholders voted to approve all proposals related to the company's pending merger with Axcelis Technologies, Inc. (NASDAQ: ACLS) at a special meeting of stockholders.

The semiconductor equipment manufacturer will file the final voting results in a Form 8-K with the U.S. Securities and Exchange Commission, according to the company's statement.

The merger completion remains subject to customary closing conditions, including final regulatory approval from the State Administration for Market Regulation of the People's Republic of China.

Both companies expect the merger to be completed in the second half of 2026.

Veeco manufactures semiconductor process equipment including laser annealing, ion beam, metal organic chemical vapor deposition, single wafer etch and clean, and lithography technologies used in advanced semiconductor device fabrication and packaging.

The merger agreement between Axcelis, Veeco and Victory Merger Sub, Inc. was signed on September 31, 2025. Axcelis filed a registration statement on Form S-4 with the SEC in December 2025, which was declared effective on December 31, 2025.

You May Also Be Interested In

• Isabella Bank to acquire Grand River Commerce for $54.6 million
• Aspire Biopharma to acquire automotive supplier for $30 million
• OFA Group receives second 180-day NASDAQ compliance period for bid price