---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-095312"
form_type: "8-K"
ticker: "VECO"
cik: "0000103145"
company_name: "VEECO INSTRUMENTS INC"
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:02:15.429946+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Veeco to merge with Axcelis in stock-for-stock deal; Veeco holders get 0.3575 Axcelis shares

## Summary
- Exchange ratio 0.3575; Axcelis shareholders to own 58.4%, Veeco 41.6%.
- Merger expected to close in 2026; subject to stockholder votes, HSR, Chinese SAMR, and Nasdaq listing.
- Post-merger board will have 11 members; Veeco CEO Miller to chair Technology Committee; HQ in Beverly, MA.
- Termination fees: Axcelis pays $108.7M, Veeco pays $77.5M under certain termination scenarios.
- Fifth Amendment to existing credit agreement updates change-of-control definitions for the merger.

## SEC filing metadata
- accession: 0001104659-25-095312
- form_type: 8-K
- ticker: VECO
- cik: 0000103145
- company_name: VEECO INSTRUMENTS INC
- filed_at: 2025-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103145/000110465925095312/0001104659-25-095312-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103145/000110465925095312/tm2527554d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-095312
- JSON: https://secwatch.observer/filing/0001104659-25-095312.json
- Plain text: https://secwatch.observer/filing/0001104659-25-095312.txt

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