# Axcelis Technologies and Veeco Instruments to merge

Axcelis Technologies and Veeco Instruments have entered into a definitive agreement to combine in an all-stock merger, creating a leading semiconductor equipment company with an enterprise value of approximately $4.4 billion. Axcelis shareholders will own about 58% of the combined company.

- Type: Acquisition
- Announced: 2025-09-30
- Where: Beverly, Massachusetts, United States
- Value: $4.40B
- Status: announced
- Products: semiconductor capital equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Axcelis Technologies](https://endata.com/companies/15147.md) (acquirer)
- [Veeco Instruments](https://endata.com/companies/15148.md) (target)

## Sources

- [investor.axcelis.com](https://investor.axcelis.com/news-releases/news-release-details/axcelis-technologies-and-veeco-instruments-combine-creating/), 2025-10-01: "This combination marks a transformational milestone for both Axcelis and Veeco, establishing a new leader in semiconductor capital equipment with complementary technologies, a diversified portfolio and an expanded addressable market opportunity."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1113232/000110465925125599/tm2532715-6_424b3.htm), 2025-12-31: "Axcelis and Veeco entered into an Agreement and Plan of Merger... to combine their respective businesses in a merger of equals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.