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Veeco Sells Metrology Business to Bruker Corp.

Company to focus on process equipment for the LED, solar, and data storage markets

Veeco Instruments Inc.
Thu, 08/19/2010 - 09:05
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(Veeco Instruments Inc.: Plainview, NY) -- Veeco Instruments Inc. has announced that it has agreed to sell its metrology business to Bruker Corp., a provider of high-performance scientific instruments and solutions for molecular and materials research, for $229 million in cash. The transaction has been approved by the board of directors of both companies and is expected to close in the fourth quarter of 2010, pending regulatory review and subject to customary closing conditions.

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