Add as a preferred source on GoogleAxcelis and Veeco Move Their Merger Closing Target to Q1 2027
The companies had previously targeted a second-half 2026 close. Completion remains subject to approval from China’s State Administration for Market Regulation.
Axcelis Technologies and Veeco Instruments now expect their proposed merger to close in the first quarter of 2027, extending a previously targeted second-half 2026 timeline.
Completion is subject to approval from China’s State Administration for Market Regulation (SAMR), the country’s market regulator.
Interim CFO David Ryzhik is set to take a senior vice president role in corporate development and investor relations, with work that includes preparing for and executing merger integration. Axcelis’ CFO transition will put Jeroen Delsman in the finance chief role on Nov. 12.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.