Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Veeco Acquires Applied Epi

Photonics Spectra
Oct 2001
Veeco Instruments has agreed to acquire Applied Epi, a St. Paul, Minn., manufacturer of molecular beam epitaxy equipment used in making high-speed III-V compound semiconductor devices for photonic and electronic devices.

The acquisition will cost Veeco 4 million shares of stock and $30 million in cash, but will immediately quadruple its active deposition equipment sales, said Edward Braun, Veeco's president and CEO.

Braun said that Applied Epi's customer list includes the wafer supplier that Motorola used in developing its new GaAs-on-silicon technology. He predicted that integrating high-speed compound semiconductors with low-cost silicon will reduce the cost of photonic devices by a factor of 10 and allow them to run 35 times faster than today's devices.

Businesslight speed

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.