{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-095693","form_type":"8-K","ticker":"ACLS","cik":"0001113232","company_name":"AXCELIS TECHNOLOGIES INC","filed_at":"2025-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.821233+00:00","generated_at":"2026-05-17T05:02:49.734498+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Axcelis to buy Veeco in ~$4.4B all-stock deal; creates 4th largest US wafer fab equipment supplier","bullets":["All-stock merger with enterprise value ~$4.4B; Axcelis shareholders own 58%, Veeco shareholders 42%.","Combined 2024 pro forma revenue of $1.7B, 44% non-GAAP gross margin, and $387M adjusted EBITDA.","Dr. Russell Low to lead combined company as CEO; James Coogan as CFO; Thomas St. Dennis as chair; Dr. Bill Miller to chair Technology Committee.","Expected close in H2 2026; subject to shareholder and regulatory approvals; Veeco's $230M convertible bonds assumed.","Transaction expected to be accretive to non-GAAP EPS within first year; combined cash >$900M; share repurchase planned post-closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-095693","json":"https://secwatch.observer/filing/0001104659-25-095693.json","markdown":"https://secwatch.observer/filing/0001104659-25-095693.md","text":"https://secwatch.observer/filing/0001104659-25-095693.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1113232/000110465925095693/0001104659-25-095693-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1113232/000110465925095693/tm2527661d3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:02:49.734498+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}