- News
21 February 2017
Veeco and Ultratech announce early termination of HSR waiting period
On 17 February, the US Federal Trade Commission granted early termination of the Hart-Scott-Rodino (HSR) waiting period for the acquisition by epitaxial deposition and process equipment maker Veeco Instruments Inc in Plainview, NY, USA of Ultratech Inc of San Jose, CA, USA (which designs and makes lithography, laser-processing and inspection systems used to manufacture microelectronic devices and LEDs).
Early termination of the waiting period under the HSR Act satisfies one of the conditions for closing the transaction, which is expected in second-quarter 2017 (subject to approval by Ultratech shareholders as well as other closing conditions).
Veeco to acquire Ultratech for $815m
Veeco increases public offering of notes from $200m to $300m
Veeco MOCVD MBE Wet processing Ultratech Lithography steppers