Veeco Sells Metrology Unit to Bruker
PLAINVIEW, N.Y., & BILLERICA, Mass., Aug 16, 2010 — Veeco Instruments Inc. announced Monday that it will sell its metrology business to scientific instruments provider Bruker Corp. for $229 million in cash. The sale will transfer Veeco Metrology to Billerica-based Bruker, including its atomic force microscope (AFM) business in Santa Barbara, Calif., and its optical industrial metrology (OIM) business in Tucson, Ariz., as well as Veeco’s associated AFM/OIM field sales and support organization. Veeco currently expects cash proceeds...