Veeco Instruments (VECO) Acquires Epiluvac AB

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Go back to Veeco Instruments (VECO) Acquires Epiluvac AB

Veeco Acquires Epiluvac AB to Accelerate Penetration Into High Growth Silicon Carbide Epitaxy Equipment Market

February 1, 2023 7:00 AM EST

PLAINVIEW, N.Y., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that on January 31, 2023, it acquired Epiluvac AB, a privately held manufacturer of chemical vapor deposition (CVD) epitaxy systems that enable advanced silicon carbide (SiC) applications in the electric vehicle market. Epiluvac, based in Sweden, was founded in 2013 by a highly experienced team in SiC.   Epiluvacs technology platform combined with Veecos global go-to-market capabilities create a significant long-term growth driver for Veeco.

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