Veeco, Axcelis now expect merger to close by end of first quarter 2027
VECO•Veeco and Axcelis now expect their merger to close by the end of the first quarter of 2027, subject to closing conditions. Chinese regulatory clearance remains pending, and the companies plan a new US antitrust submission as their current clearance approaches expiration.
1. Merger timeline
Veeco and Axcelis now expect their merger to close by the end of the first quarter of 2027, subject to closing conditions. Chinese regulatory clearance remains pending, and the companies plan a new US antitrust submission as their current clearance approaches expiration. Under the agreement, each Veeco common share will convert into 0.3575 Axcelis shares at closing.
