Axcelis to Merge with Veeco in $4.4B All-Stock Semiconductor Deal

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Low will serve as president and CEO, and James Coogan, Axcelis’ CFO, will retain his role.

Legal Advisors

  • Axcelis is advised by Skadden Arps Slate Meagher & Flom LLP, with a team spanning M&A, antitrust, IP, tax, employment, and SEC compliance specialists.
  • Veeco is represented by Morrison Foerster LLP, led by M&A partners Spencer Klein and Joe Sulzbach.

The transaction marks one of the most ambitious semiconductor mergers in recent years, with the potential to redraw competitive lines in a global industry defined by innovation, scale, and relentless demand.