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Veeco Is Poised To Purchase WYKO

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Veeco Instruments Inc. of Plainview, N.Y., has signed a letter of intent to purchase Tucson, Ariz.-based WYKO Corp., currently a privately owned company, for 3 million shares of stock. Veeco officials say their hard drive and semiconductor customers would benefit from the acquisition of WYKO's noncontact, optical measurement and surface metrology products. A spokesperson said that Veeco would make decisions on name, site and personnel changes pending closure of the deal. The agreement is subject to approvals by the board of directors, shareholders and the government.Read full article

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    Published: April 1997
    Glossary
    metrology
    Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
    As We Go To PressBreaking NewsmetrologyPresstime Bulletin

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