Veeco

Plainview, United States Founded: 1945 • Age: 81 yrs
Thin-film processing equipment is manufactured for LEDs and MEMS.
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About Veeco

Veeco is a company based in Plainview (United States) founded in 1945 by Frank Raible and Al Nerken.. The company has 1,230 employees as of December 31, 2024. Veeco has completed 5 acquisitions, including Epiluvac, Fluens.com and Solid State Equipment. Veeco offers products and services including Laser Processing Systems, MOCVD Systems, and Atomic Layer Deposition Systems. Veeco operates in a competitive market with competitors including Evercloak, Europlasma, Picosun, Advenira and Inoplaztech, among others.

  • Headquarter Plainview, United States
  • Employees 1230 as on 31 Dec, 2024
  • Founders Frank Raible, Al Nerken
  • Stage Public
  • Sectors
    Energy & Utilities
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Veeco Instruments Inc.
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
    $717.3 M
    7.63
    as on Dec 31, 2024
  • Net Profit
    $73.71 M
    342.71
    as on Dec 31, 2024
  • EBITDA
    $98 M
    0.99
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
    DOE

    & 2 more

  • Employee Count
    1230

    as on Dec 31, 2024

  • Investments & Acquisitions
    Epiluvac

    & 4 more

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IPO & Listings of Veeco

Veeco is a publicly listed company on the NASDAQ with ticker symbol VECO in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: VECO . Sector: Electronic technology · USA

Products & Services of Veeco

Veeco offers a comprehensive portfolio of products and services, including Laser Processing Systems, MOCVD Systems, and Atomic Layer Deposition Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Systems for thermal annealing in advanced semiconductor nodes

Tools for gallium nitride and arsenide film growth in displays

Precise tools for uniform thin film deposition at nanoscale levels

People of Veeco
Headcount 1000-5000
Employee Profiles 227
Employee Profiles
People
Herber Genovez
Manufacturing Engineer 3
People
Adrian Devasahayam
SVP, Product Line Management
People
Robert Bradshaw
Chief Administrative Officer
People
Waylon Valladolid
Sr Field Service Engineer

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Funding Insights of Veeco

  • Total Funding
  • Total Rounds 11
  • Last Round
  • First Round

    (19 Sep 2007)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2020 Amount Post-IPO - Veeco Valuation

investors

May, 2020 Amount Post-IPO - Veeco Valuation

investors

Sep, 2011 Amount Grant - Veeco Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Veeco

Veeco has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include DOE, National Oceanic and Atmospheric Administration and OSTI.GOV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Energy sources and policies are managed by the DOE.
Founded Year Domain Location
-
Founded Year Domain Location
Scientific and technical information is managed and disseminated by OSTI.GOV.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Veeco

Veeco has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Epiluvac, Fluens.com and Solid State Equipment. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Reactor systems and semiconductor devices are manufactured in Sweden.
2013
Specialized equipment for semiconductor manufacturing is provided by Fluens.com.
2003
Wholesale distribution of electrical materials and services is offered.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Veeco

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Veeco Comparisons

Employees
+
Add Comparison
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Competitors of Veeco

Veeco operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Evercloak, Europlasma, Picosun, Advenira and Inoplaztech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Nano-based thin films are manufactured using advanced nanomaterials and inks.
domain founded_year HQ Location
Manufacturing technology for nano-based thin films is provided.
domain founded_year HQ Location
Thin-film coating machinery for atomic layer deposition is developed.
domain founded_year HQ Location
Nanostructured coating materials are produced via SDN technology.
domain founded_year HQ Location
Manufacturing technology for nanopowders is developed using plasma-based methods.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Veeco

Frequently Asked Questions about Veeco

When was Veeco founded?

Veeco was founded in 1945 and raised its 1st funding round 62 years after it was founded.

Where is Veeco located?

Veeco is headquartered in Plainview, United States. It is registered at Plainview, Texas, United States.

Who is the current CEO of Veeco?

William J Miller is the current CEO of Veeco.

How many employees does Veeco have?

As of Dec 31, 2024, the latest employee count at Veeco is 1,230.

What is the annual revenue of Veeco?

Annual revenue of Veeco is $717.3M as on Dec 31, 2024.

What does Veeco do?

Veeco was founded in 1945 and is headquartered in Plainview, United States. Equipment for thin-film processing is produced within the semiconductor and electronics sector, supporting the manufacture of LEDs, power electronics, and MEMS devices. Solutions encompass laser processing, lithography, ion beam, MOCVD, wet processing, MBE, atomic layer deposition, physical vapor deposition, dicing, lapping, and gas delivery systems. Operations focus on process equipment for advanced materials applications.

Who are the top competitors of Veeco?

Veeco's top competitors include Picosun, Europlasma and Evercloak.

What products or services does Veeco offer?

Veeco offers Laser Processing Systems, MOCVD Systems, and Atomic Layer Deposition Systems.

Is Veeco publicly traded?

Yes, Veeco is publicly traded on NASDAQ under the ticker symbol VECO.

How many acquisitions has Veeco made?

Veeco has made 5 acquisitions, including Epiluvac, Fluens.com, and Solid State Equipment.

Who are Veeco's investors?

Veeco has 3 investors. Key investors include DOE, National Oceanic and Atmospheric Administration, and OSTI.GOV.

What is Veeco's ticker symbol?

The ticker symbol of Veeco is VECO on NASDAQ.

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