Axcelis, Veeco now expect merger to close by end of Q1 2027
VECO•Axcelis Technologies and Veeco Instruments now expect their merger to close by the end of the first quarter of 2027, subject to conditions including Chinese regulatory clearance and a new U.S. antitrust waiting period. Each Veeco common share will convert into 0.3575 Axcelis shares at closing.
1. Merger timing and terms
Axcelis Technologies and Veeco Instruments now expect their merger to close by the end of the first quarter of 2027. Closing remains subject to conditions, including pending clearance from China’s State Administration for Market Regulation. The companies plan a new U.S. antitrust submission as existing clearance nears expiry, which will require a new waiting period. Each Veeco common share will convert into 0.3575 Axcelis shares at closing.
