Veeco Instruments Inc - Company Profile
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Veeco Instruments Inc (Veeco) designs, manufactures, and markets thin film and semiconductor equipment. The company offers metal organic chemical vapor deposition systems, laser annealing, ion beams, advanced packaging lithography, molecular beam epitaxy, and single wafer wet processing. Veeco products find application in advanced node application processors for mobile devices, photonics devices for 3D sensing, thin film magnetic heads for hard disk drives, advanced displays and data communications, radio frequency filters and power amplifiers for fifth-generation networks and mobile electronics. It serves data storage, scientific, semiconductor and compound semiconductor markets. The company operates comprehensive sales and service operations across the Asia-Pacific, Europe, and North America. Veeco is headquartered in Plainview, New York, the US.
Headquarters
United States of America
Address
Terminal Drive, Plainview, New York, 11803
Website
www.veeco.com
Telephone
1 516 6770200
No of Employees
1,231
Industry
Technology and Communications
Ticker Symbol & Exchange
VECO (NASD)
Revenue (2024)
$717.3M
7.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
342.7%
(2024 vs 2023)
Market Cap*
$3.6B
Net Profit Margin (2024)
XYZ
325.4%
(2024 vs 2023)
* As of and is in US$
Veeco Instruments Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Laser Processing Systems | Support Services | Lumina |
| Metal Organic Chemical Vapor Deposition (MOCVD) System | Upgrades Services | WaferStorm |
| Lithography Systems | Maintenance Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Regulatory Approval | In February, the company received approval to merge with Axcelis Technologies, Inc, a manufacturing company. |
| 2026 | Contracts/Agreements | In January, the company partnered with imec to create a 300mm high-volume manufacturing compatible process. |
| 2025 | Contracts/Agreements | In December, the company's laser spike annealing (LSA system) was chosen by a Semiconductor Memory Company for evaluation in its advanced DRAM R&D group. |
Competitor Comparison
| Key Parameters | Veeco Instruments Inc | Canon Inc | Applied Materials Inc | Aixtron SE | SUSS MicroTec SE |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | United States of America | Germany | Germany |
| City | Plainview | Ota-Ku | Santa Clara | Herzogenrath | Garching |
| State/Province | New York | Tokyo | California | Nordrhein-Westfalen | Bayern |
| No. of Employees | 1,231 | 170,340 | 36,500 | 1,121 | 1,528 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Richard D’Amore | Chairman | Executive Board | 1990 | 71 |
| William J. Miller | Chief Executive Officer; Director | Executive Board | 2018 | 56 |
| John P. Kiernan | Chief Financial Officer; Senior Vice President | Senior Management | 2020 | 63 |
| Robert Bradshaw | Chief Administrative Officer | Senior Management | - | - |
| Adrian Devasahayam | Senior Vice President - Product Line Management | Senior Management | 2019 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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