Veeco

Veeco ( NASDAQ: VECO ) is an American manufacturer of processing equipment for the manufacture of semiconductor products, such as light emitting diodes, solar cells and hard drives. The company supports to the clients in the development, manufacture, sales and service of products in the U.S., South Korea, Taiwan, China, Singapore, Japan, Europe and other places.

Services

Veeco provides priority processing equipment for manufacturers of ultra- bright LEDs ( so-called high brightness light emitting diodes, HB- LEDs) and solar cells. Furthermore, Veeco is a major supplier of hard drive manufacturers for the production of thin-film magnetic heads. Their products enable higher areal density - the amount of data that can be stored - and improve yield and uniformity. They provide both front-end and back- end technologies, including systems for:

  • Metal organic chemical vapor deposition ( MOCVD) for the LEDs and solar cells CPV
  • Coating systems for CIGS solar cells
  • Systems and components for molecular beam epitaxy ( MBE).
  • Ion beam etching ( IBE) and ion beam deposition ( IBD)
  • The method of physical vapor deposition ( PVD)
  • Lapping the wafer and cutting the chips

History

The history of the present Veeco Instruments Inc. goes back to an earlier company, which was founded in 1945 by two scientists of the Manhattan Project; they had then developed a helium leak detector. The original name " Veeco " stood for Vacuum Electronic Equipment Company. In the 1960s, the original Veeco merged with Lambda, a manufacturer of power supplies, and in the late 1980s, the company was bought by the British company Unitech.

In 1990, acquired by Edward H. Brown and a group of senior executives of the company's business instruments of Unitech in a management buy -out. The company used the re Veeco Instruments brand and went in 1994 to the Nasdaq Stock Market. At this time the sales of Veeco was approximately $ 30 million. Since then, the company has increasingly focused on the delivery of production systems. Moreover, it is both through internal development and strategic acquisitions has grown steadily (the company has so far completed more than a dozen acquisitions).

In July 2007, EH Brown Chairman of the Board and John R. Peeler was increased as chief executive officer in the company. Peeler was previously president of the Communications Test and Measurement Division of JDSU ( NASDAQ: JDSU ).

In October 2010, Veeco announced the sale of measuring instruments division to Bruker Corporation for $ 229.4 million known. Thus, Veeco is now focusing exclusively on providing process equipment.

Types of business entity Metalorganic chemical vapour deposition Wafer (electronics)
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