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Last $30.90 USD
Change Today -0.60 / -1.90%
Volume 351.0K
VECO On Other Exchanges
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

veeco instruments inc (VECO) Snapshot

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52 Week High
04/23/14 - $41.72
52 Week Low
02/2/15 - $27.80
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Current Stock Chart for VEECO INSTRUMENTS INC (VECO)

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veeco instruments inc (VECO) Details

Veeco Instruments Inc., together with its subsidiaries, designs, manufactures, and markets thin film equipment to make light emitting diodes, power electronics, wireless devices, hard disk drives, and semiconductors worldwide. It offers metal organic chemical vapor deposition systems used to make gallium nitride-based devices, arsenic phosphide-based devices, and triple junction photovoltaic solar cells; molecular beam epitaxy systems and components for the production of wireless devices and various research applications for new semiconductor materials; and fast array scanning atomic layer deposition systems for the semiconductor and other markets. The company also provides precision surface processing systems; ion beam deposition systems; and ion beam etch systems, as well as other data storage products consisting of physical vapor deposition systems, diamond-like carbon systems, chemical vapor deposition systems, and tools that slice and dice wafers into row bars and thin film magnetic heads. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

800 Employees
Last Reported Date: 02/24/15
Founded in 1945

veeco instruments inc (VECO) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: $700.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $252.3K
Executive Vice President of Process Equipment
Total Annual Compensation: $415.0K
Chief Accounting Officer, Senior Vice Preside...
Total Annual Compensation: $291.9K
Compensation as of Fiscal Year 2014.

veeco instruments inc (VECO) Key Developments

KaiStar Lighting Purchases Veeco's Multiple EPIK700 MOCVD Systems to Boost Led Production for the General Lighting Market

Veeco Instruments Inc. announced that KaiStar Lighting Co. Ltd., based in Xiamen, China has ordered multiple TurboDisc® EPIK700™ Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) systems. KaiStar, a joint venture between Epistar Corporation and Shenzhen Kaifa Technology Co. Ltd., will use the EPIK700 systems to ramp production of light emitting diodes (LEDs) for the general lighting market. Based on Veeco’s proven TurboDisc technology, the EPIK700 MOCVD system is the LED industry’s high productivity MOCVD system. The EPIK700 system received the 2015 CS Industry Award for Innovation in March.

Veeco Instruments Inc. Nominates Susan Wang to Board of Directors

Veeco Instruments Inc. announced that Susan Wang has been nominated for appointment to its Board of Directors. Her appointment is subject to shareholder approval, which is being sought at Veeco’s 2015 annual meeting of stockholders, scheduled to occur on May 13, 2015. Ms. Wang served as Executive Vice President and Chief Financial Officer of Solectron Corporation.

Veeco Receives Order for Apex Gas Mixing Systems

Veeco Instruments Inc. has announced that a Taiwanese semiconductor foundry has placed a repeat order for multiple Apex Gas Mixing Systems. The Apex system improves real-time process control by up to a factor of ten as compared to mixed gas cylinders. This improvement will also enable the user to increase both yield and throughput.


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Valuation VECO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.1x
Price/Book 1.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.2x

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