---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-008966"
form_type: "8-K"
ticker: "VECO"
cik: "0000103145"
company_name: "VEECO INSTRUMENTS INC"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:19:24.150764+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Veeco acquires Epiluvac AB for $30M cash plus $35M earn-out to enter SiC epitaxy market

## Summary
- Acquisition closed Jan 31, 2023; $30M cash at closing with up to $35M in performance-based earn-outs.
- Epiluvac is a Swedish CVD epitaxy system maker for SiC applications in electric vehicles; has 11 employees.
- SiC device market forecast ~30% CAGR (2023–2027); SiC epitaxy equipment market ~15% CAGR per Yole Group.
- Impact to Veeco's 2023 financials not expected to be material; volume revenue anticipated in 2024.
- Deal reduces Veeco's time to market in high-growth SiC equipment; complements existing MOCVD product line.

## SEC filing metadata
- accession: 0001104659-23-008966
- form_type: 8-K
- ticker: VECO
- cik: 0000103145
- company_name: VEECO INSTRUMENTS INC
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103145/000110465923008966/0001104659-23-008966-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103145/000110465923008966/tm235070d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-008966
- JSON: https://secwatch.observer/filing/0001104659-23-008966.json
- Plain text: https://secwatch.observer/filing/0001104659-23-008966.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.